Hargreaves Services PLC
29 June 2007
For immediate release 29 June 2007
Hargreaves Services plc (the 'Company')
Trading Update - in line with market expectations
Hargreaves Services plc ('Hargreaves') (AIM:HSP), a leading provider of minerals
and support services to the energy and waste sectors, today provides a trading
update on its financial performance ahead of entering into the close period in
respect of the financial year ended 31 May 2007. Since the release of the
interim results for the six months ended 30 November 2006 the Group has
continued to perform well and the Board expect to be able to report for the year
ended 31 May 2007 in line with market expectations.
During the year the Group completed the acquisition of Norec Limited and the
business and assets of Maltby Colliery and Simon Bulk Warehousing and
Distribution, which has significantly increased the size of the Group.
Commenting on the Trading Update, Group Chief Executive, Gordon Banham said:
'The Group continues to make excellent progress, the order book and trading are
at record levels and we are confident of a continuing strong performance in 2007
/8'.
The Company expects to announce its Preliminary Results for the year ending 31st
May 2007 on 3rd September 2007.
ENDS
Enquiries
Hargreaves Services plc 0191 373 4485
Gordon Banham, Group Chief Executive
Peter Dillon, Group Financial Director
Buchanan Communications 0207 466 5000
Diane Stewart/Tim Anderson
Brewin Dolphin Securities 0113 241 0130
Andrew Kitchingman
This information is provided by RNS
The company news service from the London Stock Exchange
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