26th Jun 2006 07:00
Hargreaves Services PLC26 June 2006 FOR IMMEDIATE RELEASE 26 June 2006 Hargreaves Services plc ('Hargreaves or the 'Group') Trading Update Hargreaves Services plc ('Hargreaves') (AIM:HSP), a leading provider oftransport and support services to the energy and waste sectors, today provides atrading update on its financial performance ahead of entering into the closeperiod in respect of the financial year ended 31 May 2006. Since the release of the interim results for the six months ended 30 November2005, the Group has continued to perform well and the Board expects to be ableto report results for the year ended 31 May 2006 in line with marketexpectations. During the year the Group has announced the joint venture with UK Coal for thesupply of domestic coal and recently completed the acquisition of GilbraithTankers. The outlook for the new financial year is positive. The order book at the end ofMay is substantially higher than the comparable period last year, following anumber of significant new contract wins. Commenting on the Trading Update, Group Chief Executive, Gordon Banham said "We are pleased with the progress which the Group has made in the period sinceits flotation on AIM. Our strategy for growing the business both organically andby acquisition is developing and we look forward to a continued strongperformance in all areas of our business". ENDS Enquiries Hargreaves Services plc 0191 373 4485Gordon Banham, Group Chief Executive Peter Dillon, Group Financial Director Buchanan Communications 0207 466 5000Diane Stewart/Tim Anderson/Amy Rajendran Brewin Dolphin Securities 0113 241 0130Andrew KitchingmanAndrew Emmott This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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