Efficiencies driving cap ex down for HSS Hire
HSS Hire Group, the tool hire company with the majority of its workforce based at Manchester’s Trafford Park, says it has seen a significant reduction in capital expenditure and an uplift in annual savings, as its turnaround continues.
The group said that good progress has been made with the cost reduction initiatives announced in May, with around £10m having been implemented by the end of the second quarter, and it expects total annual savings to fall between £11-13m.
Its new operating model is improving fleet availability ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
