Hargreaves Services HSP updates that trading conditions in the six months to the 30th November have become more stable and a strong second half is expected, despite contract delays in the Industrial Services Division. Coal is becoming king again with profits from the UK coal division expected to exceed forecasts and be some £3m ahead of management expectations. The German coal distribution division is trading very strongly helped by price increases and recovery in its markets.
KOOVS plc KOOV Another six months of amazing growth is how Koov’s CEO, Mary Turner, describes the half year to 30th September. The interim loss before tax soared from last years £5.7m to £9.1m due to increasing investment in marketing and technology, whilst sales grew by 114%, active customers by 138% and website traffic by 132%