Hargreaves Services Plc provided earnings guidance for the year ended May 31, 2022. The Board expects to report results ahead of market expectations, due to the continued strong performance of the Group's Joint Venture in Germany ("HRMS"). Revenue will be lower than the prior year due to the cessation of its coal activities, Profit before Tax ("PBT") is expected to be higher.

This improvement on the prior year PBT is anticipated due to increased contributions from the Services and HRMS businesses.