Speedy services growth

Speedy Hire (LON: SDY) is reporting interims on Thursday and growth continues to come from the smaller company customer base.

A pre-close trading statement has reassured investors that trading is in line with expectations. The equipment hire and services provider is expected to generate growth in first half revenues of 6%, with most of the growth coming from services rather than hire. Services revenues are expected to rise by 13%.

Smaller company accounts grew revenues by 27.5% in the first quarter and 25% growth is forecast for the first six months.

These are continuations of trends ...

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Andrew Hore
Andrew Hore is the publisher of AIM Journal, which is an online monthly publication covering the Alternative Investment Market.