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Speedy Hire Targets Long-Term Growth as Strategic Investments Weigh on Near-Term Earnings (SDY)

Speedy Hire Targets Long-Term Growth as Strategic Investments Weigh on Near-Term Earnings (SDY)

speedy hire NEW SIZE ©Speedy Hire
speedy hire NEW SIZE ©Speedy Hire

Speedy Hire Plc (LSE:SDY) reported stable revenue for the year ended 31 March 2026 as growth from major customer accounts and its ProService commercial agreement offset softer demand in parts of its traditional hire business. The company continues to reposition its operations towards long-term infrastructure, regulated markets and higher-value service contracts as part of its ongoing transformation strategy.

Revenue Holds Firm Despite Mixed Market Conditions

Group revenue was broadly unchanged at £416.1 million during the year, reflecting resilient performance despite challenging market conditions.

Growth in national accounts and contributions from the ProService agreement…

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