Strong results are expected for industrial group Hargreaves Services with revenue anticipated to reach £223m and pre-tax profits of £16.5m.
The County Durham-based firm, which provides services such as earthmoving, logistics and raw materials supply as well as land sales, says it has performed well in the six months to the end of November thanks to a strong underlying fundamentals and growth in work. CEO Gordon Banham said the group's services division continued to benefit from inflation-proof contracts that insulated it from overheads such as the increase in Employers National Insurance Contributions announced in the Autumn Budget.
