HSS Hire (GB:HSS) has released an update.
HSS Hire Group PLC, a leading UK and Ireland tool and equipment hire service, has lost a significant contract with Amey Plc, which previously contributed to 7% of its revenue and 10% of its Adjusted EBITA in 2023. The contract will conclude by December 2024, and further details will be provided during HSS’s AGM on June 26, 2024. This development follows a retendering process by Amey Plc and may affect HSS Hire’s financial position.
For further insights into GB:HSS stock, check out TipRanks’ Stock Analysis page.
