Speedy Hire peer , HSS has reported financial year figures inline with expectations. The company’s pre-tax loss increased from £8.5m to £13.8m largely due to higher depreciation costs relating to a larger hire fleet. In the first half of 2017 it recorded an operating profit of £1.1m.
Speedy Hire peer, HSS has reported financial year figures inline with expectations. The company’s pre-tax loss increased from £8.5m to £13.8m largely due to higher depreciation costs relating to a larger hire fleet. HSS plans to reduce its capital expenditure after two strong years of fleet investment and opening a new National Distribution and Engineering Centre in H1 2016.