Today’s trading update confirms that the positive trend in both revenues and ROCE have continued throughout H1. Group revenues for the period to 30th September are anticipated to be c.6.5% ahead of the prior year, with services revenue growth of c.8.0%. UK and Ireland core hire LFL revenues are broadly flat, with strong growth in the higher margin SME market which has offset lost revenue following the liquidation of Carillion. Trading remains in line with expectations and we make no changes to o ....
25 Sep 2018
In line H1 update, with positive revenue and ROCE trend continuing
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In line H1 update, with positive revenue and ROCE trend continuing
Speedy Hire Plc (SDY:LON) | 23.7 -0.1 (-2.3%) | Mkt Cap: 109.5m
- Published:
25 Sep 2018 -
Author:
Greg Poulton -
Pages:
3
Today’s trading update confirms that the positive trend in both revenues and ROCE have continued throughout H1. Group revenues for the period to 30th September are anticipated to be c.6.5% ahead of the prior year, with services revenue growth of c.8.0%. UK and Ireland core hire LFL revenues are broadly flat, with strong growth in the higher margin SME market which has offset lost revenue following the liquidation of Carillion. Trading remains in line with expectations and we make no changes to o ....