Skip to main content

Industrial group Hargreaves Services has posted underlying pre-tax profits of £32.7m despite a dip in revenue.

Announcing full year results to the end of May 2022, the business said it had seen particularly strong growth in its services arm and with its investment in German pig iron and zinc production joint venture HRMS. Investors were told how a significant earth moving contract for HS2 had boosted profitability as had two electrical engineering contracts worth £18m.

Other Business News

View All News

Chamber annual dinner set to support Durham Cathedral

Business fund reaches £20m landmark for North-East investments

Profits Up At Transport Company Despite Challenges

reCAPTCHA