AGM Statement and Notice of Interim Results

Hargreaves Services plc (AIM: HSP), a diversified group delivering services to the environmental, infrastructure and property sectors will hold its Annual General Meeting (“AGM”) at 11am today at Royal Station Hotel, Neville Street, Newcastle Upon Tyne, NE1 5DH. Ahead of the AGM, the Group’s Chair, Roger McDowell, has issued the following statement:

“The Board is pleased to report that the Group has made a good start to the financial year, with trading in line with the Board's expectations.

“The Group has continued to make progress in securing new work in its target markets. This includes the recently announced engineering project at Sizewell C and the 15-year logistics contract with Re.Group in support of the UK Deposit Return Scheme in Scotland.

“The Sizewell C award provides further visibility over the Group's medium-term workload and supports existing forecasts for FY27 and FY28. The Re.Group contract, which is expected to commence in October 2027, further strengthens the Group's longer-term earnings visibility and is expected to contribute from FY28, with its full impact in FY29 and beyond.

“The Board remains confident in the Group's prospects and expects to deliver results for the year ending 31 May 2027 in line with current market expectations. *”

A brief presentation will be delivered at the AGM by Simon Hicks, Chief Executive. No new material information will be disclosed, and a copy of the presentation will be available on the Company’s website later today here.

Notice of interim results

The Board expects to provide a further trading update in December 2026 prior to the announcement of the Group’s interim results for the six months ending 30 November 2026 on Wednesday 27 January 2027.

*The Company considers consensus market expectations prior to the release of this announcement for the year ending 31 May 2027 to be revenue of £292.1m, PBT of £17.8m, EPS of 48.8p and cash of £26.3m.