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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.