top of page

Hargreaves Services hails big jump in revenue and profits thanks to ramping up of HS2

Industrial services group Hargreaves says increased work on the HS2 project has helped it make substantial increases in revenue and profitability.

The County Durham-based firm is undertaking earthmoving and engineering for the rail scheme and at its peak has employed 400 people on the project. In an update to investors covering the six months to the end of November, Hargreaves said revenue had increased 53% year-on-year to £116.5m while profit before tax had grown from £10.4m to £18.7m.

Comments


Other Business News

Business Durham

Catch up with the latest regional business news

Add Your News

At Business Durham, we believe that sharing positive news stories about successful businesses in County Durham is important for fostering a supportive and thriving business community. We want to encourage business owners to send us their success stories so that we can share them on our website and celebrate their achievements. We are committed to promoting the county as a great place to do business and providing a platform for businesses to showcase their successes.

Contact us today to share your story!