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Birmingham Post
Birmingham Post
Business
Jon Robinson

City analyst 'bullish' on Speedy Hire as B&Q partnership accelerates

A City analyst remains "bullish" over the prospects of Speedy Hire as the listed group revealed an acceleration in its partnership with B&Q.

Panmure Gordon issued its verdict on the Merseyside-headquartered provider of tools and equipment hire, and services to the construction, infrastructure and industrial markets as it published an update for its year to March 31, 2022.

Speedy Hire said it is set to report results for the year in line with the board's expectations while its presence in B&Q stores is on track to rise from 16 to 38 by Easter.

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