10 December 2020 - trading update

It is pleasing to see that the share price of  the AIM-listed industrial and property group Hargreaves has risen by some 10% since our tip just two weeks ago at 235p.  The company has now issued a trading statement for the six-month period to 30 November confirming that the results for the period will be in line with expectations.  Revenues and underlying profits will be less than the same period in 2019 mainly due to the phasing of work on HS2.  The company's net debt continues to reduce helped by the cessation . . .

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