IN BRIEF: HSS Hire reports lower sales in "challenging" markets
HSS Hire Group PLC - Manchester, England-based tool and equipment hire, composed of Hire Services Co and the HSS ProService digital marketplace - Reports resilient top-line performance in the financial year to December. Says like-for-like revenue for the year, excluding the Power business sold in March 2024, is down 2% on prior year at GBP333 million. Gross margin has declined by 180 basis points to 45.2% from 47.0%, reflecting a change in sales mix with more rehire business, combined with a reduced contribution from seasonal products. Read More