HSS Hire Group (HSS)

Sector:

Support

Index:

FTSE AIM All-Share

8.35p
   
  • Change Today:
      0.33p
  • 52 Week High: 15.58
  • 52 Week Low: 7.65
  • Currency: UK Pounds
  • Shares Issued: 704.99m
  • Volume: 1,356,072
  • Market Cap: £58.87m
  • RiskGrade: 328

HSS Hire maintains positive trading momentum

By Josh White

Date: Wednesday 21 Jun 2023

LONDON (ShareCast) - (Sharecast News) - HSS Hire Group updated the market on its trading in the first five months on Wednesday, ahead of its annual general meeting, indicating positive trading momentum in the first five months of the financial year.
The company remained on track to meet market expectations for full-year adjusted EBITA.

HSS ProService, the strategic initiative aimed at enhancing service offerings, reportedly made significant progress.

The early results of those initiatives were described by the board as encouraging, leading to a decision to increase overhead investment to £6.5m in 2023.

HSS said it was planning to provide a more detailed update on its strategy and performance at the half-year results announcement scheduled for September.

By investing in overhead infrastructure, HSS aims to further enhance its service capabilities

"We are very pleased with the group's progress in 2023, both in terms of financial performance and the implementation of our strategy.," said chief executive officer Steve Ashmore.

"While we are mindful of recent commentary regarding a slowdown in certain sectors, we are confident that our unique technology-driven proposition and flexible cost-base will enable us to manage any headwinds and deliver on market expectations for 2023."

At 1232 BST, shares in HSS Hire were up 1.15% at 13.91p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

HSS Hire Group Market Data

Currency UK Pounds
Share Price 8.35p
Change Today 0.33p
% Change 4.11 %
52 Week High 15.58
52 Week Low 7.65
Volume 1,356,072
Shares Issued 704.99m
Market Cap £58.87m
RiskGrade 328

HSS Hire Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
94.73% above the market average94.73% above the market average94.73% above the market average94.73% above the market average94.73% above the market average
97.78% above the sector average97.78% above the sector average97.78% above the sector average97.78% above the sector average97.78% above the sector average
Price Trend
72.24% below the market average72.24% below the market average72.24% below the market average72.24% below the market average72.24% below the market average
87.88% below the sector average87.88% below the sector average87.88% below the sector average87.88% below the sector average87.88% below the sector average
Income
90.70% above the market average90.70% above the market average90.70% above the market average90.70% above the market average90.70% above the market average
96.83% above the sector average96.83% above the sector average96.83% above the sector average96.83% above the sector average96.83% above the sector average
Growth
60.20% above the market average60.20% above the market average60.20% above the market average60.20% above the market average60.20% above the market average
43.43% above the sector average43.43% above the sector average43.43% above the sector average43.43% above the sector average43.43% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

HSS Hire Group Dividends

  Latest Previous
  Final Interim
Ex-Div 23-May-24 05-Oct-23
Paid 02-Jul-24 03-Nov-23
Amount 0.38p 0.18p

Trades for 03-May-2024

Time Volume / Share Price
16:29 5,827 @ 8.12p
16:29 12 @ 8.12p
16:16 124 @ 8.58p
16:10 5,913 @ 8.20p
16:03 17,744 @ 8.40p

HSS Hire Group Key Personnel

CFO Paul Quested
CEO Steve Ashmore

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