Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

IN BRIEF: HSS Hire Says Current Trading Continues To Improve

Mon, 16th Nov 2020 20:16

HSS Hire Group PLC - equipment rental firm - Says since interim results, performance continued to improve with revenue recovering from around 50% of 2019 levels in April 2020, to 63% of 2019 levels in the second quarter of financial 2020 and to above 90% by the end of September. Has now completed the strategic restructuring of its operating model, which included branch closures and redundancies. Given the COVID-19 situation is likely to remain uncertain, HSS Hire continues to consider it prudent not to provide market guidance in the near-term.

Current stock price: 18.70p

Year-to-date change: down 41%

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

Related Shares

More News
1 May 2024 10:41

HSS Hire annual profit falls amid investment spending; CFO to depart

(Alliance News) - HSS Hire Group PLC on Wednesday reported a decline in annual profit, due to higher costs, though it noted that 2023's result still w...

1 May 2024 07:12

HSS Hire paints confident outlook despite big drop in 2023 profits

(Sharecast News) - Equipment rental firm HSS Hire said it expects results for the current year to be in line with market forecasts despite an uncertai...

24 Apr 2024 14:19

UK earnings, trading statements calendar - next 7 days

7 Mar 2024 16:47

EARNINGS AND TRADING: Belvoir, Property Franchise merger now effective

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately report...

7 Mar 2024 08:04

HSS Hire agrees to sell Power unit

(Sharecast News) - Tool and equipment hire business HSS Hire said on Thursday that it had agreed to sell its Power unit to CES Global for £23.25m...

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.