Hargreaves Services PLC - Durham, England-based land, property and infrastructure development company - Expects results for the financial year that ended May 31 to be ahead of expectations due to the continued strong performance of its joint venture in Germany. This, it explains, is due to commodity prices maintaining high levels. The joint venture’s contribution to the company’s profit after tax is now expected at £3.5 million. Revenue, however, is expected to be lower as a result of its coal activities ending.

Hargreaves Services expects to report annual results on July 27.

Current stock price: 584.00 pence, up 3.6% in London

12-month change: up 44%

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