30.09.2025

HSS delays results

UK rental group HSS Hire faces a temporary suspension of its shares from the stock market after it said there was “no certainty” it would publish its annual report and accounts for its 15 month extended financial year to the end of March 2025. Having already extended the deadline until today.

This morning the company said: “the board is “actively advancing a range of promising commercial and strategic initiatives, which will provide long term value creation. A further announcement will be made in due course.”

It had originally said that the delay was a result of needing more time to conclude the financial results and annual report.

Vertikal Comment

It is hard to figure out exactly what is going on here without creating a false rumour. It sounds a little like a possible acquisition or separation of different business areas?
Earlier this year it sold its Irish operation to Chadwicks- part of the Grafton group- in an all share purchase deal for €31.6 million in cash, reportedly to help shore up its balance sheet. See Chadwicks acquires HSS Ireland
All will become clear as the day and the week progress.