HSS Hire Group PLC Trading update and AGM statement
26 June 2024 - 4:00PM
RNS Regulatory News
RNS Number : 8656T
HSS Hire Group PLC
26 June 2024
26
June 2024
HSS Hire
Group Plc
Trading
update and AGM statement
"Solid
performance alongside continued strategic progress"
HSS Hire Group Plc ("HSS" or "the
Group") provides the following trading update ahead of its Annual
General Meeting later today.
The Group has continued to make
strategic progress with both the HSS ProService and HSS Operations
business plans and delivered solid financial performance for the
first five months of FY24 with revenue growth of 4% compared to the
same prior year period despite the impact of the mild winter on
seasonal product performance.
While remaining mindful of the
macro-environment including the impact of the upcoming election and
after assuming normal levels of seasonal product performance, HSS
anticipates full year Adjusted EBITA to be in line with market
expectations.
A further update on the Group's
strategy and performance will be provided at the half year results
announcement in September 2024.
-Ends-
Notes to editors
HSS Hire Group plc provides tool and
equipment hire and related services in the UK and Ireland through a
nationwide network of Group companies and third-party suppliers. It
offers a one-stop shop for all equipment 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. Over 90% of its revenues come from business customers.
HSS is listed on the AIM Market of the London Stock Exchange. For
more information please see www.hsshiregroup.com.
For further information, please
contact:
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HSS Hire Group plc
|
|
|
|
Steve Ashmore, Chief Executive
Officer
Paul Quested, Chief Financial
Officer
David Smith, Director of Group
Finance
|
Tel: 020 3757 9248
Investors@hss.com
|
|
|
|
|
|
|
Teneo
|
|
|
Tom Davies
Giles Kernick
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Tel: 07557 491 860
Tel: 020 7420 3155
|
|
Numis Securities (Nominated Adviser
and Broker)
|
Tel: 020 7260 1000
|
|
Stuart Skinner
George Price
|
|
|
|
|
| |
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