Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSpeedy Hire Share News (SDY)

Share Price Information for Speedy Hire (SDY)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 28.25
Bid: 28.10
Ask: 28.65
Change: -0.25 (-0.88%)
Spread: 0.55 (1.957%)
Open: 28.50
High: 28.65
Low: 28.25
Prev. Close: 28.50
SDY Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Speedy Hire's interim revenues boosted by services unit

Wed, 13th Nov 2019 09:34

(Sharecast News) - Tools and equipment hire service company Speedy Hire reported an increase in both interim revenues and profits, boosted by its services unit.

Speedy said revenues for the six months ended to September 30 were up 5.7% year-on-year to £205.7m, driven by a 14.2% increase in services revenues following its acquisition of Geason Training and growth in the Lloyds UK testing business.

Hire revenues increased 0.8%, helped by the acquisition of powered access hire specialist Lifterz. Average asset utilisation rates for the period were broadly flat - up from 56.2% to 56.5%.

Pre-tax profits shot up 21.5% to £16.4m, while adjusted earnings per share grew 21.9% to 2.56p.

Chief executive Russell Down said: "In spite of the current uncertain UK political backdrop, we remain confident of delivering full-year results in line with our expectations."

As of 0930 GMT, Speedy shares were up 1.48% at 55.41p.
More News
9 May 2018 16:16

UK Earnings, Trading Statements Calendar - Next 7 Days

Thursday 10 May BT GroupFull Year ResultsCoca-Cola HBCQ1 ResultsStobart

Read more
26 Mar 2018 17:54

UPDATE 1-FTSE ends at 15-month low

* FTSE 100 down 0.4 pct * Fresnillo jumps pct on Goldman upgrade * Smurfit Kappa rejects revised International Paper bid * JD Sports rises on Finish Line

Read more
26 Mar 2018 10:47

WINNERS & LOSERS SUMMARY: Speedy Hire Rises As It Ups Profit Guidance

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.----------FTSE 100 - up 4.4%. Goldman Sachs raised the gold miner to

Read more
26 Mar 2018 09:57

Speedy Hire Shares Up As It Expects To Overtake Full-Year Expectations

LONDON (Alliance News) - Shares in Speedy Hire PLC rose on Monday morning as the tools and equipment hire firm said profit for its soon-to-end financial year should beat board

Read more
26 Mar 2018 09:48

FTSE 100 rebounds, but still shy of 7,000, as trade fears ease

(For a live blog on European stocks, type LIVE/ in an Eikon news window) * FTSE 100 up 0.4 pct * Fresnillo jumps 3.7 pct on Goldman upgrade * Smurfit Kappa rejects revised JD

Read more
26 Mar 2018 08:03

UPDATE 1-UK's Speedy Hire sees full-year profit ahead of expectations

March 26 (Reuters) - Industrial equipment rental company Speedy Hire Plc said on Monday its expects full-year adjusted pretax profit to be ahead of expectations and it had reduced its hire fleet a

Read more
26 Mar 2018 07:43

UPDATE 1-UK Stocks-Factors to watch on March 26

March 26 (Reuters) - Britain's FTSE 100 index is seen opening 22 points lower at 6,900 on Monday, according to financial bookmakers, with futures 0.1 percent lower ahead a

Read more
26 Mar 2018 07:35

UK's Speedy Hire sees full-year profit ahead of expectations

March 26 (Reuters) - Industrial equipment rental company Speedy Hire Plc said on Monday its expects full-year adjusted pretax profit to be ahead of expectations. "As a result of the on

Read more
7 Feb 2017 10:17

Speedy Hire set to finish year ahead of expectations

(ShareCast News) - Tools, equipment and plant hire services company Speedy Hire issued an update on its trading performance for the year ending 31 March on Tuesday. The London-listed firm said group revenues for the third quarter, on a like-for-like basis pre-disposal, were 10.6% ahead of the prior

Read more
7 Feb 2017 08:08

Speedy Hire Expects Full Year Profit To Beat Prior Expectations

Read more
23 Jan 2017 12:41

DIRECTOR DEALINGS: Speedy Hire Non-Executive Director Buys Shares

Read more
19 Dec 2016 08:16

Speedy Hire buys Lloyds British Testing

(ShareCast News) - Tools, equipment and plant hire services company Speedy Hire has bought specialist lifting equipment business Lloyds British Testing from administrator PwC for undisclosed sum. Speedy said Lloyds complements its existing lifting, testing and training businesses and will enhance th

Read more
1 Dec 2016 17:49

Directors dealings: Speedy Hire's finance chief splashes out

(ShareCast News) - Speedy Hire's finance chief splashed out £50,632.93 on 117,751 shares of the equipment and tool rental group. Chris Morgan carried out the transaction on 30 November, as the small-cap company's shares made another run at their 52-week high of 44.50p amid heavier than usual trading

Read more
22 Nov 2016 12:00

DIRECTOR DEALINGS: Speedy Hire Chairman Buys 110,000 Shares

Read more
16 Nov 2016 15:40

DIRECTOR DEALINGS: Speedy Hire Non-Executive Shearer Buys Shares

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.