Breaking Down Harworth Group plc Financial Health: Key Insights for Investors

Harworth Group plc is reshaping the North of England and the Midlands by turning complex, brownfield sites into thriving places for industry, logistics and homes, owning and managing a strategic portfolio of over 15,000 acres across more than 100 sites and targeting transformational delivery of 34.6 million sq ft of industrial & logistics space and 31,636 new homes, with a projected uplift of £4.3 billion in GVA; its mission to create sustainable places that generate homes, jobs and community value underpins a clear vision to become a £1 billion business by 2027 while transitioning the core portfolio to Grade A (66% by value at H1 2025) and pursuing net-zero operational emissions by 2030 and all emissions by 2040, guided by core values of integrity, collaboration, excellence, innovation, community engagement and sustainability.

Harworth Group plc (HWG.L) - Intro

• Portfolio scale: over 15,000 acres across more than 100 sites.
• Development pipeline: projected delivery of 34.6 million sq ft of industrial & logistics space.
• Residential potential: capacity for 31,636 new homes on serviced and remediated land.
• Economic impact: potential uplift of c. £4.3 billion in Gross Value Added (GVA) across schemes.
• Financial target: committed to achieving £1.0 billion EPRA Net Disposal Value (NDV) by end-2027.

• Regenerate land responsibly to create sustainable places that support homes, jobs and resilient communities.
• Deliver long-term value through remediation, infrastructure provision and placemaking that unlocks latent economic value.

• Be the UK's leading land regeneration partner, recognised for sustainable delivery of industrial, logistics and residential development that underpins regional growth.
• Create interconnected, low-carbon, economically productive places where people want to live and work.

• Place-first thinking - prioritising quality public realm, connectivity and community benefit in every scheme.
• Responsible stewardship - remediating and preparing land to high environmental and safety standards.
• Partnership and collaboration - working with local authorities, occupiers, housing partners and investors to accelerate delivery.
• Commercial discipline - driving returns through active asset management, phased development and market-aligned timing.
• Innovation and sustainability - integrating low-carbon solutions, biodiversity net gain and resource-efficient infrastructure.

• Accelerate remediation and infrastructure delivery to increase serviced plot sales and lettings velocity.
• Focus on industrial & logistics where demand and rental growth are strong - clustering activity to create scale and market visibility.
• Drive housing-led partnerships with builders and housing associations to convert remediated land into new homes.
• Manage capital allocation to recycle proceeds into higher-yielding, de-risked schemes that lift EPRA NDV toward the £1bn goal.
• Embed sustainability: energy efficiency, onsite renewables, biodiversity enhancements and net-zero aligned development standards.

• Delivering local jobs through construction and long-term occupier activity on newly developed sites.
• Creating affordable and market housing as part of mixed-use placemaking where appropriate.
• Generating measurable community benefits and regeneration outcomes aligned to local authority strategies.
• Reporting transparently on environmental remediation, carbon reduction and biodiversity outcomes as schemes progress.

Harworth Group plc (HWG.L) - Overview

• Primary focus: industrial & logistics development, and remediation/servicing of land for residential use.
• Place-making objective: create sustainable, attractive locations where people want to live and work.
• Environmental and economic emphasis: deliver regeneration that balances carbon reduction, biodiversity improvement and commercial viability.
• Financial ambition: achieve an EPRA Net Disposal Value (NDV) of £1.0 billion by the end of 2027.

• Unlocking complex sites through remediation, enabling commercial and residential development.
• Accelerating delivery of industrial & logistics floorspace to meet market demand.
• Maximising value through active asset management, plot sales, and forward funding/joint ventures.
• Embedding sustainability across projects-energy efficiency, biodiversity net gain, and brownfield-first development.

• Prioritises remediation and reuse of brownfield land to reduce greenfield development pressure.
• Targets energy-efficient design and operational carbon reductions in new developments.
• Seeks to deliver biodiversity net gain and landscape enhancements as integral to schemes.
• Works with public and private partners to secure infrastructure and accelerate delivery.

Harworth Group plc (HWG.L) - Mission Statement

• Become a £1 billion business by 2027, driven by development-led growth and portfolio enhancement.
• Transition the core portfolio to 100% Grade A by the end of 2027 (66% by value already Grade A at half‑year 2025).
• Achieve net‑zero operational carbon emissions by 2030 and net‑zero for all emissions by 2040.
• Create an inclusive, diverse and empowered workplace to be an employer of choice across the North of England and the Midlands.
• Deliver sustainable long‑term shareholder returns through regeneration projects that support social and economic development.

• Value creation approach: deliverables such as speculative Grade A development, land disposals from brownfield regeneration and long‑lease income to underpin returns.
• Sustainability levers: improving asset EPC ratings, on‑site renewables, low‑carbon construction methods and regenerative land remediation to meet net‑zero pathways.
• Stakeholder outcomes: jobs, infrastructure and place‑making that support local economies while enhancing long‑term rental and capital value for shareholders.

Harworth Group plc (HWG.L) Vision Statement

• Scale of landholdings: c.16,000 acres (c.6,500 hectares) of strategic land across the UK, providing the platform for long-term regeneration and development.
• Development ambition: a multi‑year pipeline targeting thousands of new homes and commercial schemes to support local economies and jobs.
• Investor performance focus: delivering NAV growth, recurring income and capital returns through active land promotion, planning-led value uplift and phased development.

• Integrity - Harworth commits to transparent reporting and governance aligned with UK market standards and investor expectations. Governance metrics include annual audited accounts, regular asset-level reporting and board oversight of strategy and risk.
• Collaboration - partnerships with local authorities, landowners, occupiers and institutional investors accelerate planning consents and infrastructure delivery; many projects use joint-venture and promoter models to share risk and expertise.
• Excellence - disciplined capital allocation and project management aim to optimize returns per acre and improve delivery speed: typical target metrics include increasing revenue per developed acre and improving planning conversion rates year-on-year.
• Innovation - adopting modern methods of construction, brownfield remediation techniques and digital tools to shorten build cycles and control costs; trialling low-carbon construction and offsite manufacture where appropriate.
• Community Engagement - embedding local employment, training and community infrastructure into schemes; tracking outputs such as jobs created on-site, apprenticeships and community investment spend.
• Sustainability - integrating biodiversity, water and waste management and carbon reduction targets into project design and asset management to align with national net-zero trajectories.

• Planning-led uplift: acquiring former industrial sites, securing planning consent and delivering serviced plots for sale or JV development to realize significant value increases per acre.
• Regeneration investment: committing capital and remediation expertise to unlock previously unusable land, converting liabilities into income-producing or developable assets.
• Place-making: integrating mixed-use schemes that combine housing, commercial space, green infrastructure and community facilities to increase long-term asset resilience and demand.

• Integrity - regular, audited disclosure of financial results, asset valuations and progress against strategic KPIs to shareholders and stakeholders.
• Collaboration - documented partnership agreements and JV structures that allocate risk and reward; measurable acceleration in planning outcomes where partnerships are deployed.
• Excellence - project-level KPIs (cost variance, schedule adherence, sales rates) reported to management and the board to drive continuous improvement.
• Innovation - pilots of low-carbon materials and offsite construction that report on per-unit carbon and build-time reductions.
• Community Engagement - commitments recorded per scheme (jobs, apprenticeships, community facilities) with monitoring against delivery milestones.
• Sustainability - carbon, biodiversity and water metrics embedded into scheme design and asset management, with year-on-year reduction targets.