Harworth ahead of forecasts

Harworth Group, the brownfield regeneration and property investment specialist, expects its financial performance for the year ended 31 December to be ahead of the board's forecasts.

The group says it has delivered further strong operational performance in the second half of the year.

Chief executive Owen Michaelson said: "The Group had a positive first half of the year as highlighted at the time of our interim results in September 2016. This momentum has continued into the remainder of the year and results are now expected to exceed expectations, with sales above book value and good progress on planning and lettings driving the improvement to the valuation of our portfolio. This position reflects the underlying strength of our business and reinforces the Group's confidence in the long-term fundamentals of the regional markets in which we operate."