Hargreaves Services (HSP)

Sector:

Manufacturing

Index:

FTSE AIM All-Share

554.00p
   
  • Change Today:
      12.00p
  • 52 Week High: 580.00
  • 52 Week Low: 383.00
  • Currency: UK Pounds
  • Shares Issued: 32.72m
  • Volume: 8,720
  • Market Cap: £181.27m
  • RiskGrade: 224

Hargreaves Services associate acquires DK Recycling und Roheisen

By Iain Gilbert

Date: Tuesday 10 Dec 2019

LONDON (ShareCast) - (Sharecast News) - Property services firm Hargreaves Services' associate company Hargreaves Raw Material Services has acquired a 94.9% stake in DK Recycling und Roheisen.
Hargreaves picked up the interest from DK Holdings for just €1.0.

The AIM-listed firm said it acquired the business as part of an effort to further its strategy of creating an integrated specialist manufacturing and minerals trading business in Germany's industrial heartland.

DK's 2018 accounts showed revenue of €135.0m and a loss before tax of €2.2m. At the time, DK had net assets of €15.8m but after fair value adjustments to comply with IFRS, the group's board estimated that the net assets of DK were approximately €1.0.

DK expects to break even in 2019 but as HRMS is an associate company, Hargreaves will not consolidate its results into the wider group's results.

As of 1200 GMT, Hargreaves shares were untraded at 290p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

HSP Market Data

Currency UK Pounds
Share Price 554.00p
Change Today 12.00p
% Change 2.21 %
52 Week High 580.00
52 Week Low 383.00
Volume 8,720
Shares Issued 32.72m
Market Cap £181.27m
RiskGrade 224

HSP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
85.47% above the market average85.47% above the market average85.47% above the market average85.47% above the market average85.47% above the market average
71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average
Price Trend
59.47% above the market average59.47% above the market average59.47% above the market average59.47% above the market average59.47% above the market average
28.57% above the sector average28.57% above the sector average28.57% above the sector average28.57% above the sector average28.57% above the sector average
Income
65.28% above the market average65.28% above the market average65.28% above the market average65.28% above the market average65.28% above the market average
63.64% above the sector average63.64% above the sector average63.64% above the sector average63.64% above the sector average63.64% above the sector average
Growth
7.22% above the market average7.22% above the market average7.22% above the market average7.22% above the market average7.22% above the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

HSP Dividends

  Latest Previous
  Interim Final
Ex-Div 21-Mar-24 21-Sep-23
Paid 11-Apr-24 30-Oct-23
Amount 18.00p 6.00p

Trades for 28-May-2024

Time Volume / Share Price
12:47 1,000 @ 540.00p
12:29 1,116 @ 552.00p
12:11 233 @ 551.99p
12:08 233 @ 551.98p
11:51 1,100 @ 540.00p

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