Hargreaves Services : Preliminary Results FYE 31 May 2025

About this update from Hargreaves Services Plc

Hargreaves Services plc Preliminary Results for the year ended 31 May 2025 Wednesday 30 July 2025 Presentation team Gordon Banham, Chief Executive Officer Joined the Group in 2001 and subsequently appointed as CEO Led management buyout in 2004 and the Company's flotation on the London Stock Exchange and has since guided a series of major acquisitions for the Company Stephen Craigen, Chief Financial Officer Joined the Board in 2023 Chartered accountant, with over 20 years experience in finance, having trained at PwC, joined the business in 2013 and subsequently appointed to the Board in 2023 Simon Hicks, Chief Operating Officer Joined the Group in 2025 Simon has over 35 years experience in the Energy, Utility, Waste Management and Infrastructure sectors, holding senior leadership positions - notably as CEO of Evero Energy, Regional Managing Director of Altrad Services, and Projects Director at Bilfinger 2 Strategic Value Proposition Gordon Banham 3 Chief Executive Officer Group Strategy Services Organic growth supporting long term sustainable dividend Focus on contract wins in areas of core competence Land Realisation of renewable assets Reduction of capital employed from c. £80m to c. £20m HRMS Maximise cash repatriation DK adapting to market conditions 4 FY25 Highlights 01 SERVICES Services revenue up by 20% and net margin now 6.5% New contract wins including: Yorkshire Water, Northumbria Water and M Group Thalia and Enfinium contract supporting energy recovery Increased Prescence at Sizewell C Nuclear Power Station. 02 LAND 10 acre Blindwells plot sale to Avant Homes for proceeds of £9.25m 7 acre Blindwells plot sale to Places for People delivering revenue of £4.55m UPBT £17.6m (FY'24: £16.9m) 4% 3% DPS 37.0p (FY'24: 36.0p) EBITDA £33.7m (FY'24: 3% Cash £23.3m (FY'24: £22.7m) Renewable energy land asset portfolio independently valued at £27m-£29m 03 HRMS £26.1m) 29% Trading stable despite challenging German marketplace DK improvement following positive movements in solid fuels pricing and renegotiated gate fees 5 Attention : This is an excerpt of the original content. To continue reading it, access the original document here .

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