Speedy Hire expects its October to December) 2016 results to be better than predicted, according to a company trading update. Efforts to improve efficiency were also on track, with rental assets and net debt both down, while like-for-like revenues for Speedy Hire ( October to December) 2016 were up by 10.6% . Like-for-like revenues for the company’s third quarter (October-December 2016) were 10.6% ahead of the previous year, in part benefitting from the timing of the Christmas holiday period. The update added that the renewal and extension of its supply framework with Lloyds could be worth up to £45m over full-year , but the integration of Carillion British Testing would not have any significant impact on pre-tax profits for the year .
Speedy Hire expects its October to December) 2016 results to be better than predicted, according to a company trading update. Efforts to improve efficiency were also on track, with rental assets and net debt both down, while like-for-like revenues for Speedy Hire ( October to December) 2016 were up by 10.6% . The update added that the renewal and extension of its supply framework with Lloyds could be worth up to £45m over full-year , but the integration of Carillion British Testing would not have any significant impact on pre-tax profits for the year .