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Speedy Hire – argues “performed robustly… in line with its expectations”. Er, those only lowered as recently as February?…

By Steve Moore | Wednesday 16 April 2025


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Describing itself as “the UK and Ireland's leading provider of tools, specialist equipment and services”, Speedy Hire (SDY) has issued an update commencing that it “has performed robustly in the period against a challenging market backdrop and the board expects to report results for FY2025 in line with its expectations”. How does that compare to a 19.7p share price, £91 million market capitalisation?
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