HSS Hire (GB:HSS) has released an update.
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HSS Hire Group PLC reported a 3.2% revenue increase in H1 2024, despite a slight dip in profitability due to seasonal product weakness. The company is implementing a strategic separation of its ProService and Operations divisions to focus on individual growth objectives, aiming to enhance shareholder value. The restructured entities will pursue distinct management strategies, with ProService focusing on digital marketplace expansion and Operations on asset management and service quality.
For further insights into GB:HSS stock, check out TipRanks’ Stock Analysis page.