Company
HSS Hire Group PLC
LON:HSS
The HSS Hire Group is a leading provider of tools, equipment and related services in the UK and Ireland. Our nationwide network ensures easy access to an extensive range that has grown to include specialist capabilities including power solutions business, ABird, powered access provider, UK Platforms and cleaning equipment services, Reintec.
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HSS Hire reinstates dividend as revenue jumps 11%
"The board's decision to reinstate the dividend reflects the confidence it has in our long-term growth strategy,” the tool-hire group's CEO told investors
HSS Hire sees full-year profit in line with market expectations
Revenue so far in the second quarter of 2022 is 10% higher than last year
HSS Hire plans £54mln fundraise through discounted placing, open offer
Three of the group's major shareholders have already committed to subscribe £43.5mln as part of the raise
HSS Hire to close half of outlets with loss of 300 jobs
The tool hire group is investing in digital channels, the launch of new click-and-collect service and using space in third-party builders merchants
HSS Hire narrows 2018 loss on cost cuts and higher revenue
“While the broader economic outlook remains uncertain, our leaner operating model, excellent market positions and clear strategy leave us well placed to continue to grow market share in any market," said chief executive Steve Ashmore.
HSS Hire jumps as first-half losses narrow helped by cost reduction programme; Numis ups to ‘add’
The hire equipment firm reported a pre-tax loss of £7.1mln for the 26 weeks to June 30, down from a £30.1mln loss a year earlier, as revenue rose by 5.8% to £169.8mln, up from £160.5mln
HSS Hire refinances debt on more onerous terms
The new facilities are more expensive than the ones they replace
RockRose Energy shares gain on deal to buy Netherlands-based Dyas
Some of the main news-driven risers and fallers in London on Thursday afternoon...
S & U shifts into reverse despite continued strong growth
The share price fall in S&U was a bit mystifying; perhaps it was a further slight deterioration in the impairment percentage
HSS Hire shares jump as it identifies further costs savings to lift profits
HSS Hire has laid out its financial targets to achieve by 2020
HSS's cost savings initiatives contribute to an improving profits trend
With the dislocation of the move to the new operating model behind it and a leaner cost base, there is scope for a meaningful profits recovery in 2018-19, the house broker believes
Investments and investor services
Parallel Media and Physiomics lead small cap market gainers
Some of the biggest risers and fallers in London on Wednesday
Investments and investor services
FTSE 100 closes lower as pound firms amid Brexit bill breakthrough
London's blue-chip index closed the day lower but retailers and housebuilders did well, oh, and there was some Brexit news...
HSS Hire shares plunge as it scraps interim dividend, reports wider loss and warns on sales
HSS Hire reported a wider first half loss as sales dropped and costs rose
Empyrean Energy and Highlands Natural Resources among Wednesday’s top risers
HSS Hire and Dunelm were among the main market movers, meanwhile, Berkeley Energia and Empyrean Energy were among the small cap standouts.