Board Change • May 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Phil Redding was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 08
Harworth Group plc to Report First Half, 2026 Results on Sep 15, 2026 Harworth Group plc announced that they will report first half, 2026 results on Sep 15, 2026 Announcement • Apr 14
Harworth Group plc, Annual General Meeting, May 18, 2026 Harworth Group plc, Annual General Meeting, May 18, 2026. Location: unit 1, harworth way, rotherham, s60 5gr, catcliffe United Kingdom Announcement • Mar 18
Harworth Group plc Recommends Final Dividend for the Year Ended December 31, 2025, Payable on 22 May 2026 Harworth Group plc's Board has declared a final dividend to be paid of 1.237p (2024: 1.125p) per share for the year ended December 31, 2025 to be paid in May 2026, bringing the total dividend for the year to 1.775p (2024: 1.614p). The recommended 2025 final dividend and 2025 total dividend represent a 10% increase. Ex-dividend date is 23 April 2026, Record date is 24 April 2026 and Payable Date is 22 May 2026. Announcement • Dec 19
Harworth Group plc to Report Fiscal Year 2025 Results on Mar 17, 2026 Harworth Group plc announced that they will report fiscal year 2025 results on Mar 17, 2026 Announcement • May 28
Harworth Group plc to Report First Half, 2025 Results on Sep 16, 2025 Harworth Group plc announced that they will report first half, 2025 results on Sep 16, 2025 Announcement • May 20
Harworth Group plc Declares Final Dividend for the Year Ended 31 December 2024 Harworth Group plc at Annual General Meeting held on 19 May 2025 declared a final dividend of 1.125 pence per ordinary share in respect of the year ended 31 December 2024. Announcement • Apr 16
Harworth Group plc, Annual General Meeting, May 19, 2025 Harworth Group plc, Annual General Meeting, May 19, 2025. Location: the brearley room, amp technology centre, advanced manufacturing park, brunel way, rotherham, s60 5wg, catcliffe United Kingdom Announcement • Jan 06
Harworth Group plc to Report Fiscal Year 2024 Results on Mar 18, 2025 Harworth Group plc announced that they will report fiscal year 2024 results on Mar 18, 2025 Reported Earnings • Sep 18
First half 2024 earnings released: EPS: UK£0.046 (vs UK£0.009 in 1H 2023) First half 2024 results: EPS: UK£0.046 (up from UK£0.009 in 1H 2023). Revenue: UK£41.3m (up 126% from 1H 2023). Net income: UK£14.8m (up 419% from 1H 2023). Profit margin: 36% (up from 16% in 1H 2023). Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 15% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Declared Dividend • Sep 15
First half dividend of UK£0.0049 announced Shareholders will receive a dividend of UK£0.0049. Ex-date: 19th September 2024 Payment date: 24th October 2024 Dividend yield will be 0.8%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is covered by earnings (10% earnings payout ratio) but not covered by cash flows (dividend approximately 12x free cash flows). The dividend has increased by an average of 12% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 5.1% over the next year, which should provide support to the dividend and adequate earnings cover. Recent Insider Transactions • Jun 30
Independent Non-Executive Chairman recently bought €94k worth of stock On the 27th of June, Alastair Lyons bought around 50k shares on-market at roughly €1.89 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Alastair's only on-market trade for the last 12 months. Announcement • May 30
Harworth Group plc to Report First Half, 2024 Results on Sep 12, 2024 Harworth Group plc announced that they will report first half, 2024 results on Sep 12, 2024 Upcoming Dividend • Apr 18
Upcoming dividend of UK£0.01 per share Eligible shareholders must have bought the stock before 25 April 2024. Payment date: 24 May 2024. Payout ratio is a comfortable 12% but the company is paying out more than the cash it is generating. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.6%). Announcement • Apr 11
Harworth Group plc, Annual General Meeting, May 20, 2024 Harworth Group plc, Annual General Meeting, May 20, 2024, at 13:30 Coordinated Universal Time. Location: The Brearley Room, AMP Technology Centre Advanced Manufacturing Park, Brunel Way, Catcliffe, Rotherham, S60 5WG United Kingdom Agenda: To discuss Adoption of Annual Report and Financial Statements; to Approval of Dividend; to Re-election of Directors; to Approval of the Directors' Remuneration Report; to Re-appointment of Auditors and Auditors' Remuneration; to discuss Authority to make political donations; to discuss Allotment of Shares; and to discuss other matters. Declared Dividend • Mar 21
Final dividend of UK£0.01 announced Shareholders will receive a dividend of UK£0.01. Ex-date: 25th April 2024 Payment date: 24th May 2024 Dividend yield will be 1.0%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is covered by earnings (12% earnings payout ratio) but not covered by cash flows (193% cash payout ratio). The dividend has increased by an average of 14% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 63% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 20
Full year 2023 earnings released: EPS: UK£0.12 (vs UK£0.086 in FY 2022) Full year 2023 results: EPS: UK£0.12 (up from UK£0.086 in FY 2022). Revenue: UK£72.4m (down 56% from FY 2022). Net income: UK£38.0m (up 36% from FY 2022). Profit margin: 52% (up from 17% in FY 2022). Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 17% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Board Change • Dec 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Marzia Zafar was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 28
Harworth Group plc to Report Fiscal Year 2023 Results on Mar 19, 2024 Harworth Group plc announced that they will report fiscal year 2023 results on Mar 19, 2024 Announcement • Oct 10
Almcor Capital Limited and Cerberus Capital Management, L.P. acquired Leyland Business Park and Melton Commerical Park from Ainscough Properties Limited and Harworth Group for £50 million. Almcor Capital Limited and Cerberus Capital Management, L.P. acquired Leyland Business Park and Melton Commerical Park from Ainscough Properties Limited and Harworth Group for £50 million on October 9, 2023. PK3 represented Almcor and Cerberus with BHT acting for the seller, Ainscough Properties Limited. Lambert Smith Hampton acted for Almco at Melton Mowbray, with Savills representing the sellers Harworth Group.Almcor Capital Limited and Cerberus Capital Management, L.P. completed the acquisition of Leyland Business Park and Melton Commerical Park from Ainscough Properties Limited and Harworth Group on October 9, 2023 Reported Earnings • Sep 17
First half 2023 earnings released: EPS: UK£0.009 (vs UK£0.24 in 1H 2022) First half 2023 results: EPS: UK£0.009 (down from UK£0.24 in 1H 2022). Revenue: UK£18.2m (down 71% from 1H 2022). Net income: UK£2.85m (down 96% from 1H 2022). Profit margin: 16% (down from 126% in 1H 2022). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 15% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • Sep 12
Harworth Group plc Declares an Interim Dividend for the Year Ending 31 December 2023, Payable on 20 October 2023 The Group of Harworth Group plc has declared an interim dividend of 0.444 pence (H1 2022: 0.404 pence) per share, representing a 10% growth from 2022, in line with dividend policy. Ex-dividend date is on 21 September 2023 with Record date is on 22 September 2023. Payable on 20 October 2023. Announcement • Jul 25
Harworth Group plc to Report First Half, 2023 Results on Sep 12, 2023 Harworth Group plc announced that they will report first half, 2023 results on Sep 12, 2023 Announcement • May 24
Harworth Group plc Approves Final Dividend for the Year Ended 31 December 2022 Harworth Group plc announced that at the AGM held on 23 May 2023 approved final dividend of 0.929 pence per ordinary share in respect of the year ended 31 December 2022. Reported Earnings • Mar 15
Full year 2022 earnings released: EPS: UK£0.086 (vs UK£0.29 in FY 2021) Full year 2022 results: EPS: UK£0.086 (down from UK£0.29 in FY 2021). Revenue: UK£166.7m (up 52% from FY 2021). Net income: UK£27.8m (down 70% from FY 2021). Profit margin: 17% (down from 86% in FY 2021). Revenue is expected to fall by 16% p.a. on average during the next 3 years compared to a 15% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Feb 03
Harworth Group plc, Annual General Meeting, May 23, 2023 Harworth Group plc, Annual General Meeting, May 23, 2023. Announcement • Feb 01
Harworth Group plc to Report Fiscal Year 2022 Results on Mar 14, 2023 Harworth Group plc announced that they will report fiscal year 2022 results on Mar 14, 2023 Announcement • Jan 28
An undisclosed buyer acquired Moorland Gate Business Park from Harworth Group plc (LSE:HWG) for £5.3 million. An undisclosed buyer acquired Moorland Gate Business Park from Harworth Group plc (LSE:HWG) for £5.3 million on January 27, 2023. Harworth was advised by Savills on the disposal of Moorland Gate Business Park.
An undisclosed buyer completed the acquisition of Moorland Gate Business Park from Harworth Group plc (LSE:HWG) for £5.3 million on January 27, 2023. Announcement • Oct 23
Harworth Group plc Provides Interim Dividend Harworth Group plc provide an interim dividend of 0.404 pence per share. This reflects an underlying growth of 10% on the prior year, which is in line with the line with their progressive dividend policy. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €1.11, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 6x in the Real Estate industry in Germany. Total loss to shareholders of 20% over the past three years. Reported Earnings • Sep 14
First half 2022 earnings released: EPS: UK£0.24 (vs UK£0.17 in 1H 2021) First half 2022 results: EPS: UK£0.24 (up from UK£0.17 in 1H 2021). Revenue: UK£62.6m (up 232% from 1H 2021). Net income: UK£79.1m (up 40% from 1H 2021). Revenue is expected to fall by 7.8% p.a. on average during the next 3 years compared to a 11% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Board Change • Aug 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Marzia Zafar was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Jul 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Marzia Zafar was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Jun 25
Harworth Group plc to Report First Half, 2022 Results on Sep 13, 2022 Harworth Group plc announced that they will report first half, 2022 results on Sep 13, 2022 Announcement • Jun 01
Harworth Group plc Appoints Marzia Zafar as Non-Executive Director, ESG Committee Harworth Group plc announced that the appointment of Marzia Zafar as a Non-Executive Director, effective from June 1, 2022. Marzia will also join the ESG Committee. Marzia is currently Director of Sustainability & Policy at Kaluza Technologies and brings to Harworth a wealth of experience in sustainability, having spent over 20 years working on policies and strategies to enable energy transition for regulators, business and not for profit sectors. In her previous role, Marzia was Director of Insights at the World Energy Council (the UN-accredited global energy body) and worked with business and government leaders to facilitate global, national and regional energy strategies. Prior to that, Marzia spent eleven years with the California Public Utilities Commission, initially as a Senior Energy Policy Advisor, and then as Director for Policy and Planning. In this role, Marzia contributed to drafting California's Energy Action Plan to make greater use of renewable energy and led the strategy for the deployment of smart meters. Marzia has a degree in Business and Accounting from California State University. Board Change • May 31
High number of new directors Independent Non-Executive Director Patrick Francis John Bourke was the last director to join the board, commencing their role in 2020. Board Change • Apr 27
High number of new directors Independent Non-Executive Director Patrick Francis John Bourke was the last director to join the board, commencing their role in 2020. Announcement • Mar 23
Harworth Group plc, Annual General Meeting, May 24, 2022 Harworth Group plc, Annual General Meeting, May 24, 2022. Announcement • Sep 24
Shropshire Council's Southern Planning Committee Grants Planning Permission to Harworth Group plc for the Regeneration of the Former Ironbridge Power Station Harworth Group plc announced that Shropshire Council's Southern Planning Committee has resolved to grant planning permission for the regeneration of the former Ironbridge Power Station in Shropshire into a mixed-use development comprising up to 1,000 new homes, alongside a range of commercial, leisure and community uses. This follows a resolution to grant planning permission for the development from Telford & Wrekin Council in May 2021. The 350-acre former Ironbridge Power Station site was acquired by Harworth in June 2018 from Uniper plc, having previously been used for electricity generation for over 80 years. Located less than a mile from the Ironbridge Gorge World Heritage Site, the site is bordered by the River Severn to the north and an extensive area of ancient woodland to the south. Harworth held its first public consultation event at the site in October 2018 and used stakeholder feedback to create an illustrative masterplan for the site. In June 2019, Harworth commenced demolition works to remove the former power station buildings and associated infrastructure, which included the demolition of the power station's four cooling towers later that year. The outline planning application for the development was submitted in December 2019, alongside a separate application to extract up to 1.9 million tonnes of sand and gravel as part of the site preparation works. The proposed development will deliver up to 1,000 new homes, in addition to a retirement village, up to 200,000 sq ft of employment space comprising offices and light industrial units, and a local centre offering convenience retail and other services. The plans will also provide a range of community amenities such as allotments, sports pitches, and a new primary school. In addition, the former power station's 1930s pumphouse will be retained as part of the proposals and transformed into a flexible space for community and leisure uses. The provision of green infrastructure is central to Harworth's masterplan. The development will include a comprehensive network of off-road walking and cycling routes to enable active travel choices and provide connectivity to the surrounding area, and Harworth is currently exploring opportunities to bring the old railway link to the site back into use. The plans will also provide extensive green space such as pocket parks, play areas and vegetation throughout the public realm, and several new attenuation ponds, which will offer enhanced protection for local wildlife. Site preparation works are ongoing, with demolition works due to be substantially complete by the end of this year. The development will then be delivered in phases over 10 to 15 years. Reported Earnings • Sep 16
First half 2021 earnings released: EPS UK£0.17 (vs UK£0.016 loss in 1H 2020) First half 2021 results: Revenue: UK£18.8m (down 21% from 1H 2020). Net income: UK£56.4m (up UK£61.6m from 1H 2020). Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 8% per year. Recent Insider Transactions • Sep 16
Independent Non-Executive Chairman recently bought €58k worth of stock On the 15th of September, Alastair Lyons bought around 30k shares on-market at roughly €1.90 per share. This was the largest purchase by an insider in the last 3 months. Alastair has been a buyer over the last 12 months, purchasing a net total of €112k worth in shares. Announcement • Jun 23
Harworth Group plc Planning Secures for 1.1 Million Sq Ft Commercial Development At Wingates Harworth Group plc announced that it has secured planning approval for the development of up to 1.1 million sq ft of logistics and manufacturing space at its site in Wingates, Bolton, with the potential to create up to 1,500 new jobs. The site at Wingates is adjacent to Junction 6 of the M61 and is in close proximity to Harworth's existing Logistics North site, the North West's large live commercial development. Harworth has progressed Logistics North through a range of delivery options, including land sales, direct development and joint ventures, enabling the scheme to be delivered in eight years. over 5,500 people are employed at the site across 3 million sq ft of Grade A logistics and manufacturing space. The Wingates site benefits from direct accessibility to the motorway network and is ideally situated to serve the northwest quadrant of Greater Manchester, providing regional connectivity to the north and south via the M61/M6 and to the east and west via the M62. The site is also close to the towns of Bolton and Wigan, thereby ensuring employment opportunities for local people and delivering on the objectives of the Bolton Economic Strategy to attract business and investment to the area. Alongside 1.1 million sq ft of commercial space, the proposed Wingates development will deliver significant upgrades to highway, drainage and utilities infrastructure, including a new access road. It will also provide boundary landscaping and an ecological enhancement area, as part of Harworth's ongoing commitment to promoting green spaces and protecting local biodiversity. The scheme originally received planning consent from Bolton Council in January 2020 but the application was subsequently called-in by the Secretary of State for Communities & Local Government. Planning approval was granted following an Examination in Public that concluded earlier this year. Announcement • May 27
Harworth Group plc Approves Final Dividend in Respect of the Year Ended 31 December 2020 Harworth Group plc at its annual general meeting held on May 25, 2021, approved final dividend of 1.466 pence per ordinary share in respect of the year ended 31 December 2020. Upcoming Dividend • Apr 29
Upcoming dividend of UK£0.015 per share Eligible shareholders must have bought the stock before 06 May 2021. Payment date: 28 May 2021. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.1%). Reported Earnings • Apr 25
Full year 2020 earnings released: EPS UK£0.08 (vs UK£0.079 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: UK£70.0m (down 18% from FY 2019). Net income: UK£25.8m (up 1.2% from FY 2019). Profit margin: 37% (up from 30% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Recent Insider Transactions • Mar 25
CEO & Director recently bought €58k worth of stock On the 18th of March, Lynda Shillaw bought around 40k shares on-market at roughly €1.45 per share. This was the largest purchase by an insider in the last 3 months. This was Lynda's only on-market trade for the last 12 months. Recent Insider Transactions • Mar 20
CEO & Director recently bought €58k worth of stock On the 18th of March, Lynda Shillaw bought around 40k shares on-market at roughly €1.45 per share. This was the largest purchase by an insider in the last 3 months. This was Lynda's only on-market trade for the last 12 months. Executive Departure • Mar 18
Non-Executive Director has left the company On the 12th of March, Patrick Francis John Bourke's tenure as Non-Executive Director ended after less than a year in the role. We don't have any record of a personal shareholding under Patrick Francis John's name. A total of 3 executives have left over the last 12 months. Reported Earnings • Mar 17
Full year 2020 earnings released: EPS UK£0.08 (vs UK£0.079 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: UK£70.0m (down 18% from FY 2019). Net income: UK£25.8m (up 1.2% from FY 2019). Profit margin: 37% (up from 30% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Mar 17
Harworth Group plc Recommends 2020 Final Dividend Harworth Group plc has approved the recommendation of a 2020 final dividend of 1.466 pence. This comprises the cancelled 0.698 pence per share final 2019 dividend and a 0.768 pence per share final 2020 dividend. The 2020 final dividend and 2020 interim dividend total 1.102 pence per share, an increase of 10% on the total 2019 dividend before cancellation. Announcement • Mar 16
Harworth Group plc to Report Fiscal Year 2020 Results on Mar 16, 2021 Harworth Group plc announced that they will report fiscal year 2020 results on Mar 16, 2021 Is New 90 Day High Low • Feb 25
New 90-day high: €1.35 The company is up 15% from its price of €1.17 on 27 November 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 2.0% over the same period. Is New 90 Day High Low • Jan 26
New 90-day high: €1.23 The company is up 25% from its price of €0.98 on 28 October 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.41 per share. Announcement • Jan 09
Insite Group acquired 273-acresite of Bilsthorpe Business Park in Nottinghamshire from Harworth Group plc (LSE:HWG) for £2.6 million. Insite Group acquired 273-acresite of Bilsthorpe Business Park in Nottinghamshire from Harworth Group plc (LSE:HWG) for £2.6 million on January 8, 2021. In a related transaction, Harworth Group sold 1o-acresite of Bilsthorpe Business Park in Nottinghamshire to Waypoint for £2.05 million.
Insite Group completed the acquisition of 273-acresite of Bilsthorpe Business Park in Nottinghamshire from Harworth Group plc (LSE:HWG) on January 8, 2021. Is New 90 Day High Low • Nov 19
New 90-day high: €1.14 The company is up 2.0% from its price of €1.12 on 20 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.24 per share. Announcement • Nov 04
Harworth Announces Director Changes Harworth Group has appointed Patrick O’Donnell Bourke as a non-executive director and chair of the audit committee. Harworth Logistics NorthHe will take over from Andrew Cunningham immediately, who stepped down on 31 October. Recent Insider Transactions • Oct 30
Independent Non-Executive Chairman recently bought €55k worth of stock On the 28th of October, Alastair Lyons bought around 54k shares on-market at roughly €1.01 per share. This was the largest purchase by an insider in the last 3 months. Alastair has been a buyer over the last 12 months, purchasing a net total of €167k worth in shares. Reported Earnings • Oct 07
First half earnings released Over the last 12 months the company has reported total profits of UK£5.35m, down 88% from the prior year. Total revenue was UK£50.6m over the last 12 months, down 56% from the prior year. Announcement • Oct 06
Harworth Group plc Announces Executive Changes, Effective 1 November 2020 Harworth Group plc announced that Lynda Shillaw will be appointed as Harworth's new Chief Executive Officer on 1 November 2020 at which point Owen Michaelson will step down from the Board, but remain in the business, to facilitate a smooth transition, until he retires at the end of the year. Announcement • Sep 30
Harworth Group plc Announces Directorate Change Harworth Group plc announced that Angela Bromfield will succeed Lisa Clement as the Company's Senior Independent Director when Lisa retires from the Board on 31 October 2020. As previously announced, Angela will also replace Lisa as Chair of the Remuneration Committee. 
