UK rental firm Speedy Hire reports a £2.2 million loss in H1 2024, reversing from last year's profit.

Speedy Hire, a UK equipment rental firm, reported a pre-tax loss of £2.2 million for the first half of 2024, down from a profit of £5.6 million in the same period last year. The loss was attributed to market challenges and costs related to a new strategy. Despite a slight drop in revenue to £203.6 million, CEO Dan Evans remains optimistic about the second half of the year, citing recent growth and upcoming opportunities.

November 21, 2024
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