Speedy Hire is the UK and Ireland’s leading provider of tools, specialist equipment and services operating from a nationwide network of c.180 depots. Its activities comprise: Hire (59% FY23 revenue); generated from a broad range of plant, equipment and tool assets as well as transportation & repair income), Services (40%); includes third party asset re-hire, training, testing and the sale of fuel & other consumables, and Other (c.1%); asset disposals. During FY24, Speedy transitioned its trade/retail presence with B&Q to a digital fulfilment model. SDY also has two JV operations: Speedy Zholdas (in Kazakhstan, since 2013) and Speedy Hydrogen Services (UK, launched in H224).

21 Jun 2024

Speedy Hire - FY Results - Investor presentation video - 20 June 2024

Dan Evans, CEO, and Paul Rayner, CFO of Speedy Hire plc, hosted an Investor Presentation covering Full year results to 31 March 2024. Management highlighted the breadth of their business beyond the traditional focus of construction, the strong free cash flow metrics and the ongoing execution of the Velocity transformation and growth strategy.

Management also discussed the major infrastructure contract win with Amey (announced 20th June), and answered a range of questions from viewers.

The full video can be seen here, divided into chapters, as below:
0:00:03 Speedy Hire video
0:02:23 Introduction
0:02:56 Highlights
0:05:36 Financial Update
0:20:23 Business Update
0:31:25 Strategy & Transformation
0:39:45 Summary & Outlook
0:41:12 Questions & Answers

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