Tool and equipment hire and related “digital marketplace” group HSS Hire (HSS) has issued a “12 month Trading Update” headlined “Strategic progress transforming the Group to deliver sustainable growth”. But what does that actually mean relative to a current 6.11p share price?
Tool and equipment hire and related services including digital marketplace group HSS Hire (HSS) has announced results for its half-year ended 29th June 2024 headlined “Solid performance, launching next phase of strategy” and including that it is “somewhat encouraged by lead macroeconomic indicators for UK construction beginning to trend in a positive direction. Both our businesses are positively positioned to capitalise on improving markets and we shortly expect to mobilise on a number of large accounts won over the summer”. So why a share price currently more than 4.5% lower at 6.665p?
Stating it is “a one-stop shop… through a combination of its complementary rental and re-hire business to a diverse, predominantly B2B customer base serving a range of end markets and activities”, HSS Hire Group (HSS) has issued a “Contract update”-titled announcement and the shares are currently down approaching 10% to 7.6p in response. Uh oh!
UK and Ireland tool and equipment hire and related services group HSS Hire (HSS) has issued a “Sale of Power Generator Businesses”-titled announcement including that “the combination of a stronger balance sheet and a more streamlined business will enable greater focus on the group's transformational strategy”. What of this and a share price currently of around 8.5p in response?








