The chief executive of Durham-headquartered Hargreaves Services has told Insider he expects momentum to continue and increase in 2022, following interim results which show a rise in profitability.
In a trading update for the six months to 30 November 2021, the company, which provides services to the environmental, industrial and property sectors, reported revenues of £76.1m, down from £92m – but noted that the decrease was expected following an exit from coal activities in December 2020.
Pre-tax profits did jump from £1.1m to £10.4m, with profits rising across all the group, which operates a services division, alongside land and Hargreaves Raw Materials Services (HRMS).
Source: Insider Media
