18.07.2013

Steady Speedy

UK rental company Speedy will report a “satisfactory” first quarter to the end of June at its Annual General Meeting later today.

UK revenues slipped back – falling 2.6 percent, in comparison to a strong pre-Olympic quarter last year, while international revenues jumped 30 percent as contracts in the Middle East gain momentum. Total revenues for the quarter are down 0.8 percent.

The statement adds: “The UK economy remains under pressure, but we continue to focus on specific UK sectors, grow our services offering, support our efficiency programmes and improve the scale and performance of the International division. The Group is trading in line with management expectations for the full year and the Board remains confident that it is well positioned for the future."