18 October 2024 - trading update
The UK's leading tool and equipment hire service has provided a trading update for the six months to 30 September and this has revealed that despite the challenging trading conditions revenues at the group have held up well, falling marginally compared with the same period last year. The group's joint venture in Kazakhstan has been disappointing and performed below expectations due to delays in some major projects, but this is expected to be a timing issue with the revenues coming in later than expected. The group is continuing with its Velocity transformation plan . . .
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