Information  X 
Enter a valid email address

Hargreaves Servs PLC (HSP)

  Print          Annual reports

Wednesday 24 March, 2021

Hargreaves Servs PLC

Contract Award

RNS Number : 2434T
Hargreaves Services PLC
24 March 2021
 

 24 March 2021

 

Hargreaves Services plc

("Hargreaves" or the "Group")

 

Contract Award

Hargreaves Services plc (AIM: HSP), a diversified group delivering services to the industrial and property sectors, is pleased to announce that its specialist earthworks business, Blackwell, has been appointed by the EKFB JV to carry out earthworks on part of the HS2 project.

The appointment follows Blackwell's 2018 engagement by the EKFB team as an advance works contractor and falls on the ninth anniversary of Blackwell's association with the HS2 programme in a professional services capacity.

The subcontract appointment is for 30km of the HS2 earthworks centred on Aylesbury in Buckinghamshire and involves the movement of nearly 15 million cubic meters of chalk and clay over the next four years.  The award is the largest in Blackwell's 65 year history.

The award is a welcome addition to the Group's steadily growing order book, adding to the six framework agreements previously announced in the first half of the financial year. The appointment demonstrates further progress in the Group's stated plan to deliver reliable and growing profits from Distribution & Services.

Commenting on the appointment, Roger McDowell, the Chairman of Hargreaves, said: 'This is an excellent new award for our specialist earthworks business. HS2 is a significant high profile infrastructure project and the Board is pleased that this underpins the Blackwell business over the next few years.'

Note: EKFB JV is a joint venture comprising Eiffage, Kier, Ferrovial Construction and BAM Nuttall which has been appointed by HS2 Limited to complete the C2/C3 section of the HS2 Phase 1 project.   Further details can be found at www.EKFB.com.

 

For further details:  

Hargreaves Services

Gordon Banham, Chief Executive Officer

John Samuel, Group Finance Director

 

0191 373 4485

Buchanan (Financial PR)

Mark Court/Sophie Wills/Henry Wilson

 

0207 466 5000

N+1 Singer (Nomad and Joint Corporate Broker)

Sandy Fraser/Justin McKeegan/Rachel Hayes

 

0207 496 3000

Investec (Joint Corporate Broker)

Sara Hale/David Anderson/Shalin Bhamra

0207 597 5970

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
CNTFLFIDVDIVFIL

a d v e r t i s e m e n t