23 April 2025 - update
The UK's leading tool hire group has issued a trading update for the year to 31 March and this has confirmed that the group expects to report results that are in line with expectations. Thus, the group may report adjusted pre-tax profits of £12m for the year for earnings per share of 2.0p. Given the challenging market conditions these are satisfactory results although less than we had been hoping for. It is clear that recovery in the group's markets has not been as rapid as we had hoped although it must be . . .
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