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IN BRIEF: Harworth advances Ironbridge project, confident for 2021

Tue, 25th May 2021 16:12

Harworth Group PLC - Rotherham, South Yorkshire-based land regeneration - Chief Executive Lynda Shillaw tells annual general meeting that Harworth has made a strong start to 2021, progressing a pipeline of 30,668 housing plots and 26.1 million square feet of commercial space. Says demand for its serviced land and industrial units has been "robust", and it is "well-positioned to deliver growth over the remainder of the year". Harworth's largest residential development in the planning system is a 1,000-home mixed-use development at Ironbridge in Shropshire. This received the first of two required planning approvals last week. Net debt was reduced to GBP94.0 million on April 30 from GBP71.2 million on December 31.

Current stock price: 148.00 pence

Year-to-date change: up 41%

By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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