Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSpeedy Hire Regulatory News (SDY)

Share Price Information for Speedy Hire (SDY)

Share Price is delayed by 15 minutes
Get Live Data
19.00    -0.16 (-0.84%)
Bid:
18.90
Ask:
19.10
Spread: 0.20 (1.058%)
Market Cap: £87.54m
SDY Live PriceLast checked at - London Stock Exchange

Intraday Speedy Hire Share Chart

Interim Management Statement

13 Feb 2013 07:00

RNS Number : 7486X
Speedy Hire PLC
13 February 2013
 



 

13 February 2013

Speedy Hire Plc

('Speedy' or 'the Group')

Interim Management Statement - Consistent Strategy Delivering Results

 

Speedy Hire Plc, the UK's largest provider of tools and equipment for hire and associated services, with a growing presence supporting its customers internationally, is today releasing its interim management statement in respect of the period 1 October 2012 to 12 February 2013.

In the UK & Ireland, Q3 revenue* was up 2.0% against the same period in the prior year, a year to date improvement of 2.2%. We have also continued to make good progress in our International business where Q3 revenue* was up 37% against the same period in the prior year, a year to date improvement of 63%. Importantly both margins and returns have continued to improve across the Group.

Speedy's consistent strategy, market positioning and strong market share in key sectors continues to underpin the on-going progress being made by the Group. Performance in Q4 to date enables the Board to reiterate its confidence in meeting its expectations for the full financial year.

*excluding the disposed accommodation business and before planned disposals of hire fleet.

 

For further information:

Speedy Hire Plc

Hudson Sandler

Steve Corcoran, Chief Executive

Lynn Krige, Group Finance Director

Tel: 01942 720000

www.speedyhire.plc.uk

Nick Lyon

Tel: 020 7796 4133

 

Note - Forward looking statements

The information in this release is based on management information.

This report includes statements that are forward looking in nature. Forward looking statements involve known and unknown risks, assumptions, uncertainties and other factors which may cause the actual results, performance or achievements of the Group to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. Except as required by the Listing Rules and applicable law, the Company undertakes no obligation to update, revise or change any forward looking statements to reflect events or developments occurring after the date of this report.

 

Notes to Editors:

 

Founded in 1977, Speedy is the leading UK provider of equipment rental and support services to a wide range of clients across the construction, infrastructure, industrial, manufacturing and facilities management sectors - as well as to local trades and industry.

 

Operating from 268 fixed sites - together with a number of on-site facilities at client locations throughout the UK, Ireland and from an international hub based in the Middle East - the Group supplies a range of services including:

 

 

·; the provision of small tools and equipment

 

·; compressed air

 

·; surveying and measurement instrumentation

 

·; lighting equipment

 

·; lifting and materials handling equipment

 

·; temporary power generation

 

·; low level access equipment

 

·; mechanical pumps

 

·; temporary site communications

 

The Group also provides associated services through the provision of training, asset management and testing, repair, inspection and maintenance (TRIM).

 

Speedy is accredited nationally to ISO9001, ISO14001 and OHSAS18001. In addition we nationally hold HAE SAFE Hire accreditation, as well as Achilles Link-up, UVDB, Building Confidence and F-Pal. Further accreditations include Constructionline, SAFEcontractor, CHAS, LEEA and BITC Gold Award for CR Index 2012.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IMSSFSFAEFDSEEE
Date   Source Headline
30th Jul 20123:15 pmRNSDirector/PDMR Shareholding
23rd Jul 201210:25 amRNSHolding(s) in Company
18th Jul 20122:25 pmRNSResolutions passed at Annual General Meeting 2012
18th Jul 20122:22 pmRNSAnnual General Meeting 2012 Voting Results
18th Jul 20127:01 amRNSInterim Management Statement-Maintaining Momentum
18th Jul 20127:00 amRNSMiddle East Contract Win
10th Jul 20127:00 amRNSForthcoming Events
2nd Jul 20127:00 amRNSAnnual Information Update
21st Jun 20123:30 pmRNSDirector/PDMR Shareholding
18th Jun 20127:00 amRNSNotice of AGM
18th Jun 20127:00 amRNSAnnual Report & Accounts 2012 and Notice of AGM
31st May 20127:00 amRNSTotal Voting Rights
18th May 20121:17 pmRNSDirector Declaration
16th May 20127:00 amRNSAnnual Results - Measured Progress
18th Apr 20127:00 amRNSTrading update - Self-help delivering results
23rd Mar 20121:52 pmRNSDirector Declaration
16th Mar 20127:00 amRNSChange of name of Corporate Broker
12th Mar 20127:00 amRNSBlocklisting Interim Review
5th Mar 201212:37 pmRNSHolding(s) in Company
1st Mar 20129:13 amRNSTotal Voting Rights
28th Feb 20128:47 amRNSHolding(s) in Company
22nd Feb 20121:06 pmRNSHolding(s) in Company
20th Feb 20127:00 amRNSContract Extension to 2016
8th Feb 20127:00 amRNSUpcoming Reporting Dates
7th Feb 20128:57 amRNSDirector/PDMR Shareholding
31st Jan 20123:27 pmRNSHolding(s) in Company
23rd Jan 20123:09 pmRNSHolding(s) in Company
23rd Jan 20121:13 pmRNSHolding(s) in Company
13th Jan 201210:44 amRNSHolding(s) in Company
12th Jan 20121:04 pmRNSDirector/PDMR Shareholding
9th Jan 201212:38 pmRNSHolding(s) in Company
5th Dec 20119:07 amRNSHolding(s) in Company
1st Dec 20113:19 pmRNSDirector/PDMR Shareholding
25th Nov 201110:42 amRNSDirector/PDMR Shareholding
16th Nov 20112:19 pmRNSHolding(s) in Company
16th Nov 20117:00 amRNSInterim report - Self help delivering results
22nd Aug 20113:23 pmRNSDirector/PDMR Shareholding
11th Aug 201111:03 amRNSDirector/PDMR Shareholding
29th Jul 20113:55 pmRNSAmendment to Total Voting Rights
29th Jul 20111:05 pmRNSTotal Voting Rights
25th Jul 20117:00 amRNSAppointment of new Group Finance Director
13th Jul 20113:46 pmRNSResolutions passed at AGM
13th Jul 201111:30 amRNSAnnual General Meeting 2011 Voting Results
13th Jul 20117:00 amRNSInterim Management Statement
1st Jul 201110:00 amRNSAnnual Information Update
1st Jul 20117:00 amRNSDirectorate Change
1st Jul 20117:00 amRNSNew Banking Facility
27th Jun 20113:36 pmRNSDirector/PDMR Shareholding
7th Jun 20117:00 amRNSNotice of AGM
6th Jun 20112:46 pmRNSAnnual Report & Accounts 2011 and Notice of AGM

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.