Regeneration and land business Harworth Group saw operating profit jump to £121m last year, from £27.8m the year before.
Announcing its full year results to investors, the Rotherham-based group said revenue had grown from £70m to £109m during the period. A significant proportion of its operating profit came a revaluation of property.
Long term undersupply of industrial and logistics properties continued to drive demand from occupiers and investors, and chief executive Lynda Shillaw noted there was increasing demand for strategic land for industrial and residential development.
