FACT: Travis Perkins are opening up there own tool hire branches throughout the UK called Hire It!! Search online if in doubt. Flyingdutchman, Move on? why? this company treated staff like s**t and deserve everything thats coming to them. I work for a PROFIT making company and have for a while now, hitting targets, making bonus, happy days the best thing I did was leave that company but I do enjoy watching it suffer :-)
Well done mate, you have really given everybody a great overview there! He's not bitter though! Get over it, grow up, be a man - LET IT GO for god's sake. You now need to move on with your life and stop looking back.
Sorry but Speedy will never be taken over!!! Or wait a minute! no not going to happen. 1) They have a Banker looking at every penny they spend, deny if you want but true. 2) They are bringing in someone to look at a different market. 3) More and more companies going under taking Speedy for thousands. 4) Need I say any more?
Found this interesting analyst comment on SDY. Although a little dated it does point out some positives to offset effect of olympics etc.........
Analyst Comment by Mike Allen at Panmure Gordon
... added they believe the business is in increasingly better shape. Analysts Michael Parkinson and James Woodrow, of Brewin Dolphin, said they believed there are enough positives to offset the impact of the Olympics and Jubilee for Speedy, in particular its Middle East operations moving into the black this year as well as UK price increases, procurement efficiencies and improved profits from its reconfiguration of depots. Shares in Speedy fell 1.38 per cent or 0.37p to 26.38p after the update. Full year results are due on Wednesday, May 16. Speedy, led by chief executive Steve Corcoran, said it had made further progress to drive improvements in its operational efficiency, customer service and product availability, and to implement its strategy of focusing on the private and regulated markets in infrastructure – especially water, waste, energy and transport – where it sees long term, sustainable growth
Speedy said it expects the first half of the year to be impacted by one-off events including the Olympics and Paralympics, which will result in trading restrictions and disruption to construction projects in the London area for a two month period. The Queen's Diamond Jubilee celebrations will result in a reduction in trading days for the month of June, which is traditionally a holiday free period.
On an upbeat note, it believes it is well placed to take advantage of any improvements in trading conditions.
"The business continues to implement its strategy of focussing on the private and regulated markets in infrastructure, particularly the areas of water, waste, energy and transport, where we see good long term sustainable growth," it said in a company statement.
"We remain committed to securing high quality work from key clients with attractive pricing and yield dynamics in order to improve margins and return on capital."
The tool rental firm said while it remains confident of making further progress in the year ahead, it is cautious about market conditions during the early part of 2013.
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