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11:44 26/05/2016

Read Beaufort Securities's note on HSS HIRE GROUP PLC (HSS), out this morning, by visiting Research Tree "HSS recorded a good performance in Q1 2016 with growth across both its business lines. The company's margins improved due to cost reduction actions implemented in 2015. HSS witnessed utilisation improvements across the group, with core utilisation rising 2% to 49% and special utilisation increasing 4% to 76%. The company's new NDEC would aid its extensive branch network and web capabilities. However, HSS's huge debt remains a factor potentially limiting its ability to fully participate in the continuing recovery. Moreover, a Brexit vote on 23rd June 2016 would likely further dampen the company's prospects. Beaufort's 2016E EPS forecast remains toward the upper end of ... but current uncertainties mean that Beaufort has decided to cut..."

11:44 26/05/2016

Welcome to the new HSS Hire Group stream forum! Messages posted in the HSS Hire Group stream will be logged here for posterity.

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