Hargreaves Services (HSP)

Sector:

Manufacturing

Index:

FTSE AIM All-Share

570.00p
   
  • Change Today:
      20.00p
  • 52 Week High: 580.00
  • 52 Week Low: 394.50
  • Currency: UK Pounds
  • Shares Issued: 32.72m
  • Volume: 23,445
  • Market Cap: £186.50m
  • RiskGrade: 224

Hargreaves Services FY results seen in line with 'materially upgraded' expectations

By Iain Gilbert

Date: Wednesday 02 Jun 2021

LONDON (ShareCast) - (Sharecast News) - Engineering services company Hargreaves Services said on Wednesday that it now expects to report full-year results in line with market expectations.
Hargreaves noted that expectations had already been "materially upgraded" in light of a very strong performance from its German joint venture and the accelerated completion of its Unity joint venture in Hargreaves Land.

The AIM-listed group stated it had no bank debt and held cash reserves of £28.3m as of 31 May, compared with a net bank debt of £13.5m a year earlier. Additionally, Hargreaves said the only debt held by the group was in respect of leasing debt related to specific assets, which was approximately £12.0m, resulting in an overall net cash position of £16.3m, a marked turnaround from its £28.1m net debt position on 31 May 2020.

Hargreaves expects to report its preliminary full-year results on 28 July.

As of 0820 BST, Hargreaves Services shares were down 2.34% at 376.0p.

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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 570.00p
Change Today 20.00p
% Change 3.64 %
52 Week High 580.00
52 Week Low 394.50
Volume 23,445
Shares Issued 32.72m
Market Cap £186.50m
RiskGrade 224

HSP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
85.56% above the market average85.56% above the market average85.56% above the market average85.56% above the market average85.56% above the market average
84.62% above the sector average84.62% above the sector average84.62% above the sector average84.62% above the sector average84.62% above the sector average
Price Trend
85.71% above the market average85.71% above the market average85.71% above the market average85.71% above the market average85.71% 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
Income
64.68% above the market average64.68% above the market average64.68% above the market average64.68% above the market average64.68% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
13.46% above the market average13.46% above the market average13.46% above the market average13.46% above the market average13.46% 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

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 12-Jul-2024

Time Volume / Share Price
16:35 315 @ 570.00p
16:35 51 @ 570.00p
16:35 7 @ 570.00p
16:35 51 @ 570.00p
16:35 26 @ 570.00p

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