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What is Hargreaves Services 2016 Financial Results about?

- Hargreaves Services plc reported preliminary results for the year ended May 31, 2016. Revenue declined significantly year-over-year due to reduced coal production and trading. - Underlying operating profit and underlying profit before tax also declined sharply compared to the previous year. Exceptional costs arose from restructuring activities. - The company successfully acquired CA Blackwell in January 2016 to broaden its services operations and realized synergies in heavy plant operations. A Property &

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theredcorner

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EN