Hargreaves Services (LSE:HSP) has reported strong revenue and EBITDA growth for the fiscal year ending May 31, 2025. The company marked a successful return to profitability in its HRMS joint venture. Although profits from Hargreaves Land declined, overall revenue rose thanks to increased sales activity in the Blindwells development project.
With a solid order book and a debt-free balance sheet, Hargreaves Services is well-positioned for future expansion, especially in the infrastructure sector, where it has already secured more than 70% of its targeted revenue for the upcoming year. Reflecting its confidence in growth prospects, the company has also proposed an increased final dividend, underscoring its commitment to rewarding shareholders.
Outlook and Valuation
The company’s strong financial results and favorable technical indicators support a positive outlook. Valuation appears reasonable, complemented by an attractive dividend yield. Recent corporate developments signal confidence and highlight the group’s potential for continued strategic growth, contributing to an above-average stock rating.
About Hargreaves Services
Hargreaves Services plc is a diversified organization operating in the environmental, infrastructure, and property sectors across the UK and Southeast Asia. Its business is structured into three segments: Services, Hargreaves Land, and HRMS, a joint venture based in Germany. The Services division delivers materials handling, mechanical and electrical contracting, logistics, and major earthworks, with a focus on clean energy and infrastructure projects. Hargreaves Land specializes in sustainable brownfield site development, while HRMS operates in niche commodity markets and steel waste recycling.
This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.
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