Speedy Hire Performance highlights

Performance Highlights

Financial FY2024

£421.5m

Revenue

£96.8m

Adjusted EBITDA

£14.9m

Operating profit

£69.0m

Operating cash

1.5x

Net debt* to EBITDA**

Non-Financial FY2024

Over £40m

of revenue from new multi-year contracts

63%

Investment in commercially sustainable hire equipment

55%

of our revenue generated from ECO products

601

electric and hybrid commercial vehicles, equating to 57% of our hire fleet

51%

of our hire fleet transitioned to eco alternatives to achieve our target of 70% eco products by 2027

* This metric excludes lease liabilities. See note 21 to the Financial Statements.

** Operating profit before depreciation, amortisation and non-underlying items, where depreciation includes the net book value of planned hire equipment disposals, less the proceeds on those disposals (profit or loss on planned disposals of hire equipment). See note 12 to the Financial Statements.

 

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