Quick Facts

HSS Hire 5-month Revenues Rise; Sees FY25 Adj. EBITA In Line With Market View

HSS Hire Group PLC (HSS.L), a provider of tool and equipment hire and related services, reported Wednesday that revenues in the first five months of fiscal 2024 grew 4% from last year, despite the impact of the mild winter on seasonal product performance.

For the full year, HSS anticipates adjusted EBITA to be in line with market expectations.

In its trading update ahead of its Annual General Meeting today, the company said it has continued to make strategic progress with both the HSS ProService and HSS Operations business plans and delivered solid financial performance.

Going ahead, the company said it remains mindful of the macro-environment including the impact of the upcoming election.

The company will provide a further update on its strategy and performance at the half year results announcement in September.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Quick Facts