Hargreaves Services have proposed a final dividend of 18.5p

DividendMax Ltd.

Hargreaves Services have proposed a final dividend of 18.5p

The Hargreaves's Board is recommending a final dividend of 18.5p (2024: 18.0p) taking the full year dividend to 37.0p (2024: 36.0p), representing an increase of 2.8%.

If approved at the Annual General Meeting, the final dividend of 18.5p will be paid on 3 November 2025 to all shareholders on the register at the close of business on 26 September 2025. The shares will become ex-dividend on 25 September 2025.

Other financial highlights include:

Underlying Profit Before Tax up 4.1% to £17.6m (2024: £16.9m), with an increase following growth in services and improvement in profitability in HRMS, somewhat offset by a reduction in profit in Hargreaves Land

EBITDA increased 29.1% to £33.7m (2024: £26.1m) due to improved profitability of the Services business

Cash receipt from HRMS of £6.3m (2024: £7.8m)

Services business holds a strong contract portfolio, growing to over 70 term and framework contracts following several new contract wins, providing visibility of 70% of next year's expected revenue

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