Speedy Hire reports 5% revenue dip due to warm winter, market challenges, and lower fuel prices.

Speedy Hire, a tool and equipment rental firm, has reported a 5% dip in revenue, attributed to a warm winter, "challenging market conditions" and reduced wholesale fuel prices. The company's revenue fell to approximately £420m in the year ending March 31, with lower income from seasonal products due to the warm weather. Despite this, Speedy Hire expects to meet the lower end of its profit expectations.

April 10, 2024
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