| Investor Presentation (Interim Results) Video Recording - November 2024 | Equity Development

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4th Dec '24 by Equity Development

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Dan Evans (CEO) and Paul Rayner (CFO) of Speedy Hire plc hosted an Investor Presentation covering highlights of the company's Half Year results for the six months to 30th September. The company posted resilient 1H results against a challenging but manageable market backdrop, with a modest decline in revenues but an increase in gross profit margins from 54% to 56%.

Management discussed their continued investment in the Velocity strategy and hire fleet capital spend to drive contract wins and renewals, and that October and November trading has started well. The team provided a detailed financial and business update, and highlighted that the Board anticipates the Group meeting its full year expectations. Finally management answered a wide range of questions submitted by viewers.

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