Hargreaves Services beats expectations

Full year figures from AIM-quoted Hargreaves Services (LON: HSP) were better than previously upgraded expectations. Profit is forecast to fall this year, but they will still be significant.

In the year to May 2022, pre-tax profit improved from £21.2m to £32.7m. That included a £27.3m contribution from German associate HRMS, up from £13.6m in the previous year. Higher commodity prices and increased volumes of minerals traded continued to boost the HRMS performance. The steel waste recycling b...

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