30 January 2024 - trading update
The tool and equipment hire group has issued a trading update confirming that trading remains robust despite increased costs and economic uncertainty. However, issues in the construction sector mean that at the end of the third quarter of the financial year (31 December), revenues from national customers are up only 3% year on year as opposed to 5% at the end of September. Revenues from regional customers are down 6% - a similar level to the end of September. The company has won new business although this is taking longer to come to fruition than hoped . . .
This content is restricted to members only. We offer three packages from 1 month to a whole year of daily tips, market news and commentary, plus our monthly newsletters.
Registration is quick and simple HERE.
Already a member, log in HERE.
