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Results: HSS

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HSS Hire – 2018 results, “significant progress”?

Previously writing on UK and Ireland tool and equipment hire and related services provider HSS Hire (HSS) in November with its shares at 33p, I concluded at least until there’s more concrete evidence of why to have confidence in the sustainability of the balance sheet, I’ll retain this on the bargepole list. Today results for the company’s year ended 29th December 2018 emphasising “we made significant progress against our strategic priorities and delivered the highest adjusted total EBITDA in the group's history” – and the shares are currently just above 35p…

EPIC HSS
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HSS Hire – argues “we look ahead with confidence”. Hmmm…

HSS Hire (HSS) has updated emphasising “good operational progress and trading drive continued profitable growth” and “expect full year EBITDA to be marginally ahead of market expectations”. The shares though, at 33p, are currently slightly down – and at the same level as reached last December. Hmmm…

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