Speedy Hire in line for loss

Speedy Hire yesterday reiterated its stance that it will make a “marginal” full-year loss. The country’s leading tool and equipment hire firm, issued a trading update for the year to 31 March , in which it said revenues in the period would be slightly more than £350m.

That is close to the £177.3m reported in the first-half and the numbers include a 4.8 per cent increase in revenues in the final quarter.