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Hargreaves Services
Hargreaves Services (HSP) investor relations material
Hargreaves Services H2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2026 earnings summary29 Jul, 2026
Executive summary
Achieved record financial and operational performance, with revenue up 30% year-over-year and profit before tax exceeding GBP 40 million, marking the best results in 12 years.
All business units—land, services, and HRMS joint venture—delivered growth in both revenue and profitability.
CEO succession completed, with Simon Hicks appointed as CEO in July 2026.
Returned GBP 32.6 million to shareholders, including a GBP 20 million tender offer.
Services division marked its fifth consecutive year of growth, driven by major infrastructure projects and strong operational execution.
Financial highlights
Services revenue increased by 35% year-over-year to GBP 329.9 million, with margins maintained at 6%.
Underlying Group profit before tax rose by 93% to GBP 34.0 million.
EPS grew 75% year-over-year to 79.1p.
Full year dividend increased by 8% to 40.0p per share.
Ended the year with GBP 21.6 million in cash and no debt.
Outlook and guidance
Over 70% of FY27 revenue already secured, with more than 50% secured for FY28.
Continued focus on transitioning the land division to a capital-light model and expanding services for external landowners.
Ongoing investment in digitization, zinc recycling, and operational efficiency to support future growth.
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Next Hargreaves Services earnings date
H1 202727 Jan, 2027
Hargreaves Services
Next Hargreaves Services earnings date
H1 202727 Jan, 2027
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