NEWSFLOW

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HSS Hire Group (HSS) has announced results for its year ended 30th December 2017 emphasising “trading momentum and strategic progress give strong platform to build upon”. Previously updating in February though, I questioned what about the balance sheet?

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A Trading and Strategy Progress Update announcement from tool, equipment hire and related services group HSS Hire (HSS) includes that “since HSS last updated the market on 29th November 2017, trading has been positive with the group maintaining solid momentum. The board is pleased to reaffirm that full year performance is in line with guidance given in August, of H2 adjusted EBITA of between £8m and £11m”. The shares have responded currently 3% higher to 25p – though I note this compares to more than 80p at the start of 2017 and 210p on February 2015 IPO!...

NEWSFLOW

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A trading update announcement from tool and equipment group HSS Hire (HSS) is headlined “Decisive actions return Group to profitability” - and the shares have currently responded higher. However, down from above 80p at the commencement of 2017, they are only up 1p presently on the day at 29p…

NEWSFLOW

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With the company having updated in early July on its performance to 1st July, I note shares in HSS Hire (HSS) amongst today’s biggest fallers – on the back of a results announcement for its half year to… 1st July!...

NEWSFLOW

NEWSFLOW

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UK and Ireland tool, equipment and related services group, HSS Hire (HSS) has announced results for the 27 weeks to 2nd July 2016 – and the shares are currently circa 8% lower, to below 80p, in response. With the results also coming as 19% shareholder in the group, Toscafund, prepares for a General Meeting dust-up with the board of fellow hire group Speedy (SDY) - which it has urged to consider merging with HSS - the following reviews…