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Harworth optimistic about earnings

Harworth Group has said it expects earnings for 2021 to be slightly ahead of expectations.

Chief executive Lynda Shillaw said: “Harworth continued its strong momentum in the second half, as we stepped into our ambitious strategy to double the size of the business over the next five to seven years, and continued to deliver places where people want to live and work.

“Our performance, combined with underlying market growth, has translated into a substantial year-on-year increase in EPRA NDV and total return.”

The land regeneration specialist said EPRA NDV, as at 31 December 2021, would be ahead of the current consensus, which was 189p per share. The top estimate was 194p.

 

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