FY26 results confirmed a highly challenging transitional year for Speedy Hire, marked by subdued regional activity and delayed project starts that constrained revenue to £416.1m (down -0.1%). The combination of wage inflation, heightened interest costs, and the short-term margin dilution from targeted growth investments resulted in an adj loss before tax of -£8.6m. However, the completion of the ‘Enable’ phase of the Velocity growth strategy and the transformational commercial agreement with Pro ....
19 Jun 2026
Speedy Hire - Enable phase complete, positioned for the cycle turn
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Speedy Hire - Enable phase complete, positioned for the cycle turn
Speedy Hire Plc (SDY:LON) | 21.1 0 0.0% | Mkt Cap: 97.4m
- Published:
19 Jun 2026 -
Author:
Guy Hewett | Max Hayes -
Pages:
8 -
FY26 results confirmed a highly challenging transitional year for Speedy Hire, marked by subdued regional activity and delayed project starts that constrained revenue to £416.1m (down -0.1%). The combination of wage inflation, heightened interest costs, and the short-term margin dilution from targeted growth investments resulted in an adj loss before tax of -£8.6m. However, the completion of the ‘Enable’ phase of the Velocity growth strategy and the transformational commercial agreement with Pro ....