Speedy Hire sees profits increase in wake of acquisition spree
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.
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