8 June 2023 - trading update
The AIM-listed diversified industrial group has issued a trading update ahead of the results' announcement for the year to 31 May. The company expects to produce results at least in line with expectations with a strong performance from the Services business which has benefited from the HS2 contract and a better than expected performance from HRMS, the German joint-venture, commodity trading business. These will offset the impact of some delayed transactions in Hargreaves Land. We continue to believe that shares in the company look cheap especially as the company had cash reserves of . . .
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