Vehicle and plant hire company Speedy Hire has reported H1 2017 pre - tax profits of £ ##50 m ( $ 50 m ) , almost 60 % higher than in 2016 . revenues jumped eight per cent, while ITV studios revenue was up nine per cent at just over £1bn. The company also said that first - year revenues grew 6.9 % to £ 183.2 m , while company dividend rose by 51.5 % to 50p per share . Chairman Russell Down said the financial losses were down to a " rigorous approach to capital allocation and cost control " .
Vehicle and plant hire company Speedy Hire has reported H1 2017 pre - tax profits of £ ##50 m ( $ 50 m ) , almost 60 % higher than in 2016 . The company also said that first - year revenues grew 6.9 % to £ 183.2 m , while company dividend rose by 51.5 % to 50p per share . Chairman Russell Down said the financial losses were down to a " rigorous approach to capital allocation and cost control " .