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Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPOView Video
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Pin to quick picksHss Hire Share News (HSS)

Share Price Information for Hss Hire (HSS)

London Stock Exchange
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Share Price: 8.50
Bid: 8.34
Ask: 8.98
Change: -0.14 (-1.62%)
Spread: 0.64 (7.674%)
Open: 8.84
High: 8.98
Low: 8.34
Prev. Close: 8.64
HSS Live PriceLast checked at -

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HSS Hire shares tumble after disappointing second quarter

Mon, 29th Jun 2015 10:00

Tool rental company HSS hire lost more than 20% off its share price on Monday morning after warning the market its second-quarter trading was below expectations.By 10:20 on Monday shares in the company - which only debuted on the stock market this year - were down 21.8%, trading at 142.72p.The company said in an update its performance was "marginally below expectations," caused by weakness in key accounts and reduced demand for cooling equipment."In June, we have seen customer activity begin to return to more normalised levels, with order books building into the second half of the year," the company said in a statement.N+1 Singer analyst Jamie Constable said in a note a profit warning so soon after its initial public offering is not good at all."They have put it down to cooler spring weather - ah the old weather excuse - and impact on their cooling for example, air conditioning business."Also they are blaming a temporary slowdown over the general election - you would have thought a known like the election should have already been in forecast," Constable said.Numis reduced its recommendation from 'buy' to 'add' and lowered its price target from 235p to 200p.The brokerage said it reduced its full-year revenue and earnings estimates by 4-5%, which equates to an 18% reduction at the earnings per share level.
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21 Apr 2022 16:10

UK earnings, trading statements calendar - next 7 days

Friday 22 April 
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Corero Network Security PLCFull Year Results
Focusrite PLCHalf Year Results
Futura Medical PLCFull Year Results
Gaming Realms PLCFull Year Results
Hochschild Mining PLCTrading Statement
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Immotion Group PLCFull Year Results
IWG PLCTrading Statement
Jupiter Fund Management PLCTrading Statement
Learning Technologies Group PLCFull Year Results
Loungers PLCTrading Statement
National Express Group PLCTrading Statement
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Aveva Group PLCTrading Statement
City Pub Group PLCFull Year Results
Drax Group PLCTrading Statement
Fresnillo PLCQ1 Production Results
GlaxoSmithKline PLCQ1 Results
Go-Ahead Group PLCHalf Year Results
Lloyds Banking Group PLCQ1 Results
London Stock Exchange Group PLCTrading Statement
Network International Holdings PLCTrading Statement
Nichols PLCFull Year Results
Persimmon PLCTrading Statement
Primary Health Properties PLCTrading Statement
RPS Group PLCQ1 Results
WH Smith PLCHalf Year Results
WPP PLCTrading Statement
Yamana Gold IncTrading Statement
Thursday 28 April 
Angle PLCFull Year Results
Barclays PLCQ1 Results
Brave Bison Group PLCFull Year Results
C4X Discovery Holdings PLCHalf Year Results
Evraz PLCQ1 Results
Flutter Entertainment PLCQ1 Results
Glencore PLCTrading Statement
Howden Joinery Group PLCTrading Statement
HSS Hire Group PLCFull Year Results
Hurricane Energy PLCFull Year Results
Inchcape PLCTrading Statement
Indivior PLCQ1 Results
International Personal Finance PLCTrading Statement
J Sainsbury PLCFull Year Results
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Schroders PLCTrading Statement
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14 Jan 2022 12:11

IN BRIEF: HSS Hire Chair Alan Peterson buys back 1.5 million shares

IN BRIEF: HSS Hire Chair Alan Peterson buys back 1.5 million shares

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10 Nov 2021 19:29

TRADING UPDATES: PCI-PAL starts year strongly; HSS Hire refinances

TRADING UPDATES: PCI-PAL starts year strongly; HSS Hire refinances

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10 Nov 2021 09:26

HSS Hire successfully refinances, interest costs 'materially reduced'

(Sharecast News) - Tool and equipment supplier HSS Hire Group has entered into a new term loan facility of £70.0m and a revolving credit facility of £25.0m following a successful campaign to refinance its existing corporate debt.

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27 Oct 2021 16:20

Director dealings: HSS Hire chairman lowers stake

(Sharecast News) - HSS Hire Group revealed on Wednesday that chairman Alan Peterson had disposed of 2.70m ordinary shares in the AIM-listed tools and equipment rental group.

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27 Oct 2021 15:36

DIRECTOR DEALINGS: Barclays COO and head of Global Markets sell shares

DIRECTOR DEALINGS: Barclays COO and head of Global Markets sell shares

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1 Oct 2021 11:44

AIM WINNERS & LOSERS: Iomart sinks amid customer cancellations

AIM WINNERS & LOSERS: Iomart sinks amid customer cancellations

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1 Oct 2021 09:38

LONDON BROKER RATINGS: HSS Hire and Fullers get upgrades

LONDON BROKER RATINGS: HSS Hire and Fullers get upgrades

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30 Sep 2021 12:41

IN BRIEF: HSS Hire revenue jumps, sells heating arm for GBP55 million

IN BRIEF: HSS Hire revenue jumps, sells heating arm for GBP55 million

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30 Sep 2021 08:03

HSS Hire swings to profit in H1, sees FY earnings ahead of views

(Sharecast News) - Shares of HSS Hire surged on Thursday after the tool and equipment hire company said it swung to a profit in the first half and that earnings for the full year are set to be ahead of market expectations.

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26 Jul 2021 11:10

SMALL-CAP WINNERS & LOSERS: HSS loses gains; travel lifted by Ryanair

SMALL-CAP WINNERS & LOSERS: HSS loses gains; travel lifted by Ryanair

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30 Jun 2021 12:01

IN BRIEF: HSS Hire revenue and earnings just ahead of pre-Covid levels

IN BRIEF: HSS Hire revenue and earnings just ahead of pre-Covid levels

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30 Jun 2021 08:27

HSS Hire upgrades FY earnings expectations, shares surge

(Sharecast News) - HSS Hire shares shot higher on Wednesday after the tool and equipment hire company upgraded its earnings expectations for 2021 as trading continues to improve.

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30 Apr 2021 09:43

BROKER RATINGS: Johnson Matthey and Meggitt receive upgrades

BROKER RATINGS: Johnson Matthey and Meggitt receive upgrades

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