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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 Group PLC (AIM:HSS) said it expects underlying profit (adjusted EBITDA) for the current year will meet market forecasts.

Revenue so far in the second quarter of 2022 is 10% higher than last year, following a strong start to the year, the tool hire business announced in a trading statement issued ahead of today’s AGM.

"We are very pleased with the group's progress in 2022, both in terms of financial performance and the implementation of our technology roadmap. While we continue to be mindful of the ongoing macroeconomic risks, the impact on our business is being well managed," said chief executive Steve Ashmore.

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