HSS Hire sees sales jump as tool rental service weathers tough winter BUSINESS Tool rental firm HSS Hire increased its sales in the first five months of its financial year despite the impact of the mild winter on its seasonal product line.
HSS Hire slumps to a loss, shuts 134 sites and lays off hundreds of staff HSS Hire slumps to a loss, shuts 134 sites and lays off hundreds of staff HSS Hire slumps to a loss, shuts 134 sites and lays off hundreds of staff
Tool hire firm HSS claws its way back with narrower losses Tool hire firm HSS claws its way back with narrower losses Tool hire company HSS has reported a substantial narrowing in pre-tax losses for the first half, despite increased expenditure. The figures Pre-tax loss was down almost 28 per cent to £7.4m, compared to £10.2m for the first half of 2018, the company said. Revenue grew 3.9 per cent to £161.4m during the first half, up [...]
HSS Hire share price plummets over 25 pc after disappointing six months June 29, 2015 HSS Hire's share price plummeted over 25 per cent this morning after the firm issued a disappointing trading update for the first six months of the year. Read more: HSS Hire returns to takeover fray after IPO with £11m All Seasons aircon deal The tool hire firm said weakness in customer activity hit "a number of [...]
HSS Hire share price edges back above tool firm’s list price May 27, 2015 Tool hire giant HSS saw its shares rise yesterday after reporting first-quarter trading in line with expectations. The company – which made its stock market debut in February – said it remains on track to open 50 new branches in the current financial year. Revenues in its first quarter came in at £72.5m, HSS reported – [...]
HSS Hire returns to takeover fray after IPO with £11m All Seasons aircon deal May 11, 2015 Tool hire firm HSS Hire, which floated on the stock market earlier this year, yesterday paid £11.3m to buy heating and air conditioning hire firm All Seasons Hire. All Seasons, which will retain its name when it merges into HSS, had previously supplied equipment to HSS’ OneCall division that had put the firm on the [...]
HSS Hire reports pre-tax loss of £8.5m in its first results since IPO April 20, 2015 The numbers Tool hire giant HSS Hire Group has reported a loss before tax of £8.5m for the year to 27 December 2014. Revenue was up 25 per cent to £284m, while operating profit rose 10.3 per cent to £23.6m. Why it's interesting Today is something of a landmark for HSS – it's the group's first [...]
HSS Hire IPO: Tool hire firm covers books to become first main market listing of 2015 February 2, 2015 Floating tool hire firm HSS successfully found enough investors last night to cover the books on its initial public offering (IPO), City A.M. understands. Smaller firms have floated on the alternative investment market (AIM) this year, but HSS is the first main market listing of 2015. Its bookrunners are still gathering orders for the shares [...]
HSS IPO: Tool hire firm aims to defy nervous markets with healthy retail investor base February 1, 2015 Tool hire firm HSS will endeavour to cover the book today in its stock market flotation, with sources close to the deal staying confident despite nervous markets. The FTSE has had a slow start to 2015, and volatility in autumn 2014 hit some floats. In addition, some institutions have told City A.M. HSS is over-priced [...]
HSS Hire IPO: Share price revealed January 22, 2015 Tool and equipment hire company HSS Hire will list on the London Stock Exchange said today shares will be priced in the 210p-262p range when it IPOs later this month. The company announced plans to list on the London Stock Exchange earlier this month, with analysts putting its value at £103m. The money generated [...]