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Harworth Group Achieves Record Land Sales and Operational Performance in 2024
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Harworth Group Achieves Record Land Sales and Operational Performance in 2024

Story Highlights
  • Harworth Group reported record operational performance with significant land sales.
  • The company is financially strong, with low debt and high liquidity, positioning it well for future growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

Harworth ( (GB:HWG) ) has issued an update.

Harworth Group plc reported a record operational performance in 2024, with significant increases in residential plot sales and industrial land transactions. The company has successfully driven EPRA NDV growth through strategic land sales, including a major transaction with Microsoft and a large sale in Ansty. Harworth’s robust planning progress and acquisitions have further expanded its industrial and residential land pipeline. The company remains financially strong, with low debt levels and substantial liquidity, positioning it well to capitalize on market opportunities despite economic uncertainties. Harworth is also making strides in community infrastructure and sustainable growth, with recent projects including a new country park and school, and efforts towards Net Zero Carbon goals.

More about Harworth

Harworth Group plc is a prominent company engaged in the regeneration of land and property for sustainable development and investment. The company’s primary focus is on creating industrial and logistics spaces and residential properties, emphasizing sectors that are crucial for the UK’s economic growth. Harworth is dedicated to leveraging its extensive land pipeline to deliver significant real estate projects, driven by strong demand for its high-quality land products.

YTD Price Performance: -2.94%

Average Trading Volume: 165,691

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £530.9M

See more data about HWG stock on TipRanks’ Stock Analysis page.

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