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IN BRIEF: HSS Hire Says Current Trading Continues To Improve

16th Nov 2020 20:16

HSS Hire Group PLC - equipment rental firm - Says since interim results, performance continued to improve with revenue recovering from around 50% of 2019 levels in April 2020, to 63% of 2019 levels in the second quarter of financial 2020 and to above 90% by the end of September. Has now completed the strategic restructuring of its operating model, which included branch closures and redundancies. Given the COVID-19 situation is likely to remain uncertain, HSS Hire continues to consider it prudent not to provide market guidance in the near-term.

Current stock price: 18.70p

Year-to-date change: down 41%

By Arvind Bhunjun; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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