Speedy Hire (GB:SDY) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Speedy Hire, a leading UK tools and equipment hire company, reports steady year-to-date hire revenue, matching the previous year’s performance, despite market challenges. The company is optimistic about future government plans for residential housing and infrastructure projects, expecting revenue growth from new contracts, particularly with Amey, in the latter part of the financial year. They remain adaptable to market changes, with a focus on strategic operational efficiencies and a diverse customer base.
For further insights into GB:SDY stock, check out TipRanks’ Stock Analysis page.