Hargreaves Services (HSP)

Sector:

Manufacturing

Index:

FTSE AIM All-Share

562.00p
   
  • Change Today:
      2.00p
  • 52 Week High: 583.80
  • 52 Week Low: 383.00
  • Currency: UK Pounds
  • Shares Issued: 32.72m
  • Volume: 17,671
  • Market Cap: £183.89m
  • 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.

Email this article to a friend

or share it with one of these popular networks:


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 562.00p
Change Today 2.00p
% Change 0.36 %
52 Week High 583.80
52 Week Low 383.00
Volume 17,671
Shares Issued 32.72m
Market Cap £183.89m
RiskGrade 224

HSP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
84.45% above the market average84.45% above the market average84.45% above the market average84.45% above the market average84.45% 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
68.43% above the market average68.43% above the market average68.43% above the market average68.43% above the market average68.43% above the market average
42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average
Income
62.42% above the market average62.42% above the market average62.42% above the market average62.42% above the market average62.42% 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
6.43% above the market average6.43% above the market average6.43% above the market average6.43% above the market average6.43% 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 06-Jun-2024

Time Volume / Share Price
14:46 5,000 @ 566.00p
15:16 1,000 @ 565.28p
15:12 529 @ 566.00p
14:46 861 @ 562.00p
14:46 2 @ 578.00p

Top of Page