Industrial equipment and tool hire company Speedy Hire has announced that it expects full-year adjusted pretax profit to have increased since the year to 31 March and to be above expectations. Analysts expect adjusted pretax profit of £16.2m for full-year , up from £20.5m in full-year . “With further opportunities for market share gains as the turnaround continues at Speedy Hire, we see potential for further upgrades as the year progresses,” Poulton said. The company said that as part of an effort to reduce costs it had cut the number of its operating divisions and distribution centres.
Industrial equipment and tool hire company Speedy Hire has announced that it expects full-year adjusted pretax profit to have increased since the year to 31 March and to be above expectations. Analysts expect adjusted pretax profit of £16.2m for full-year , up from £20.5m in full-year . The company said that as part of an effort to reduce costs it had cut the number of its operating divisions and distribution centres.