Thursday broker round-up
30th Aug 2018 13:50
(Sharecast News) - Bellway: Deutsche Bank upgrades to buy with a target price of 2,745p
Read moreHSS Hire narrows losses as new strategy bears fruit
30th Aug 2018 11:03
(Sharecast News) - Tool and equipment hire firm HSS Hire narrowed its losses in the first half as revenue grew and the company said it has made "significant progress" on its new strategy.
Read moreHSS Hire announces £13m share placing
22nd Dec 2016 09:28
(ShareCast News) - HSS Hire has conditionally placed just over 15.4m shares at 83.875p with certain existing institutional investors to raise about £13m before expenses to strengthen its balance sheet. The tool and equipment hire group - which warned back in November that 2016 earnings would be abov
Read moreLondon close: UK stocks subdued on US Thanksgiving as resources in focus
24th Nov 2016 16:41
(ShareCast News) - UK stocks were in cautious form all day Thursday, with global markets generally subdued as traders in the US put their feet up for a Thanksgiving break. The FTSE 100 closed up 0.17% to 6,829.20. The FTSE 250 ended the session down 0.18% to 17,590.62. On the blue-chip upside, seve
Read moreHSS Hire warns over 2016 earnings
24th Nov 2016 08:52
(ShareCast News) - HSS Hire slumped on Thursday as the company warned that adjusted earnings before interest, taxes and amortisation in 2016 would be above the prior year but below the range of market expectations. In a trading update for 40 week period ended 1 October, the supplier of tool and equi
Read moreHSS Hire trims interim loss as key customer accounts grow
31st Aug 2016 09:01
(ShareCast News) - HSS Hire Group reported a smaller loss in the first half of the year and said trading in the third quarter was ahead of last year, but analysts and investors remained cautious. Revenue in the six months to 2 July swelled to £166.2m, a reported rise of 13.5% on the previous year, 1
Read moreHSS Hire Q1 revenue up but warns of softness in UK economy
25th May 2016 11:02
(ShareCast News) - HSS Hire Group reported a rise in first-quarter revenue and earnings but warned that market conditions remain "very competitive" and there are signs of softness in the broader UK economy. In the 14 weeks ended 2 April, revenue grew 16.3% from the same period last year to £84.3, wh
Read moreHSS Hire uncouples from CFO and deputy chairman after eventful year
20th Apr 2016 10:39
(ShareCast News) - HSS Hire's finance director and deputy chairman have both stepped down from their roles at the tool rental group after a less than smooth first year on the market. As numbers man Steve Trowbridge pursues "new opportunities" after seven years with the company, the last of which saw
Read moreHSS Hire shares tumble after disappointing second quarter
29th Jun 2015 10:00
Tool rental company HSS hire lost more than 20% off its share price on Monday morning after warning the market its second-quarter trading was below expectations. By 10:20 on Monday shares in the company - which only debuted on the stock market this year - were down 21.8%, trading at 142.72p. The co
Read moreHSS Hire chairman raises stake
24th Jun 2015 14:56
The non-executive chairman of HSS Hire has bought new shares in the supplier of tool and equipment hire, the company announced on Wednesday. Alan Peterson purchased 29,016 shares for an individual price of 173p, spending £50,198. Following the acquisition, Peterson holds 937,217 shares in the compa
Read moreHSS Hire enjoys strong first quarter despite rising investment costs
27th May 2015 11:01
HSS Hire reported a strong first quarter despite an increase in investment costs affecting its core business. The supplier of tool and equipment hire said the results were in line with expectations with good volume growth in its core and specialist business. Revenues in its core business rose 12.4%
Read moreHSS Hire Group acquires heating and air conditioning company for £11.4m
11th May 2015 13:50
HSS Hire, a tool and equipment-hire company, has acquired the heating, ventilation and air-conditioning (HVC) hire group All Seasons for £11.4m. The group said it will pay the full amount in cash, funded from its credit facility. The acquisition is expected to generate earnings for the current finan
Read moreHighams' name knackered by Nakama new co.
27th Sep 2011 10:52
The recruitment firm Highams Systems is on the verge of buying out Nakama a technology recruitment business operating from offices in London, Melbourne, Sydney and Hong Kong. Nakama specialises in recruitment for the digital technology and interactive media industry which Higham argues will broaden
Read moreHigham Systems (HSS) for Alex
8th Apr 2011 08:35
Recruiter Highams Systems has today announced that it expects to meet market expectations regarding its results for the full year ended on the past 31 March. Its EBITDA is expected to improve and, more significantly even, it anticipates an encouraging increase in revenues. Truth be told, in the pa
Read moreSmall cap round-up: Highams, Creat Resources...
4th Nov 2010 13:57
Recruiter Highams Systems is taking on staff of its own to meet demand after revenues rose 17% to £4.41m (2009: £3.77m) in the six months to September. Gross profit climbed 35% to £770,000 (2009: £572,000) with profit before tax up 208% to £123,000. "We continue to see an improvement in demand fo
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