StockMarketWire.com - Hargreaves Services said Wednesday it expected to report first-half results in line with expectations owing to improved trading within the group's UK businesses.

'Trading has been satisfactory, and the Board expects to report interim results in line with its expectations,' the company said.

Both revenue and underlying operating profit were expected to show growth over for the six months ended 30 November 2017, the company said.

Net debt at the half-year end was £28.6m, below the £30.8m seen at 31 May 2018.

The company reiterated that it would record an exceptional charge of approximately £8m relating to the insolvency of Wolf Minerals.

Hargreaves Services confirmed that it expected the group's full year results to be in line with expectations.




At 9:47am: [LON:HSP] Hargreaves Services PLC share price was -10p at 319p



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