HSS Hire Group Plc reports Strong Improvement In Returns For The H1 2019

  • Sep 05, 2019 BST
  • Team Kalkine

HSS Hire Group Plc (LSE: HSS), has reported strong improvement in returns for the H1 2019, ended 29th June. The company’s Return on Capital Employed (ROCE) increased to 21.7% from mere 4.9% in H1 2018, by leveraging insight tools, growth in the capital light Services business and improved price controls. The revenue of the company increased by 3.9% to £161.4 million as compared to £155.4 million in H1 2018.

On 5th September 2019, at the time of writing, GMT 08:11 AM, HSS shares were trading at GBX 31.50, flat against the previous day closing price.

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