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Hargreaves Services PLC on Wednesday, ahead of its annual general meeting, said it expects to meet market expectations in financial 2026. The Durham, England-based industrial services company said its three business units, Services, Hargreaves Land and HRMS have all traded in line with expectations for the initial four months of the financial year. Hargreaves Services said it remains confident in delivering annual results in line with market expectations. The company puts consensus expectations for the 12 months to the end of May 2026 at revenue of £270.9 million and pretax profit of £24.2 million. In the most recent financial year, these figures were £264.4 million and £17.5 million respectively. Shares in the company were down 0.9% at 670.00 pence on Wednesday afternoon in London. ‘The positive momentum in the infrastructure sector has continued into the current financial year benefitting our Services business. Work continues on the major projects at HS2 and Sizewell C nuclear power station where the group is utilising its broad skill set to bring these critical infrastructure projects to life,’ says Chair Roger McDowell. The company expects to report its interim results on January 28. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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