Hargreaves Services hit by delays to HS2 project


Revenues within Hargreaves Services’ distribution and services business have fallen by more than a quarter due to delays in the HS2 project. In its annual report for the year ending 31 May 2020, the group said Covid-19 had not caused any material impact to the company, other than some transaction delays within its land business. However, it said that a 26.5% decrease in revenue to £216m in the part of the group that contains transport and logistics elements was expected […]