Harworth Group

Strong residential sales rate to finish 2023

  • Sectors : Real Estate
  • Companies : Harworth Group

Ratings and price correct at time of issue.

  • Harworth Group

    Closing Price: 126p

  • RATING 19/11/21

  • PREVIOUS RATING N/A

DAVY VIEW

The sale of just under 1,000 plots in December proves that Harworth’s ready-to-go residential product is being demanded by the market at a time of low liquidity. The fact that sales occurred at or ahead of book values is also positive. With the land market holding up better than expected, 2024 looks like a promising year, particularly with the group alluding to ‘strong sales momentum’.

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Jan 11 2024, 09:00 GMT

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