Speedy Hire reports jump in adjusted pre-tax profits as SME strategy bears fruit
The tool and equipment rental company reported an adjusted profit before tax of £25.9mln, up nearly 60% from the previous year
Company
LON:SDY
Formed in 1977, Speedy Hire is a leading provider of equipment hire services to UK contractors and builders, industry, utilities and the public sector, operating from over 500 depots throughout the country. The Group was traditionally focused on tool hire, but now also has complementary businesses specialising in portable accommodation, lifting, surveying, compressed air systems, pumping and power generation equipment.
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The tool and equipment rental company reported an adjusted profit before tax of £25.9mln, up nearly 60% from the previous year
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