Speedy Hire sees profits increase in wake of acquisition spree

Speedy Hire
Profits before tax are up by almost £10m to £27.2m at equipment and tool firm Speedy Hire. The firm, which is based in Newton-le-Willows, said that profits were up due recent acquisitions but added that it was also affected by the collapse of Carilion. Revenue over the last 12 months, excluding disposals, increased 6% to £389.2m. Adjusted profit before tax was up 19.3% to £30.9m and profit before tax increased to £27.2m. In December the company announced the acquisition of training provider Geason Holdings. Geason ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...