24 January 2024 - interim results
The industrial and property group has announced its interim results for the six months to 30 November and these have shown a significant fall in profits compared with last year due to a lower contribution from the German joint venture HRMS and lower land sales from Hargreaves Land. Although this meant that profits fell to £2.7m from £18.7m, with earnings per share dropping to 5.2p from 52.2p last year, the interim dividend was increased sixfold to 18p per share. This reflects the increased payments from HRMS and cash at the end . . .
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