HSS Hire

Welcome to our
Annual Report 2015

Scroll down to watch and read the highlights of the year.
Or jump down to downloads to see all of the report in full.

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2015 Key Highlights

Key highlights 2015

  • Revenue £312.3m +9.7%
  • Adjusted EBITDA £71.0m (0.1%)
  • Adjusted EBITA £20.3m (34.9%)
  • Adjusted EPS 3.20p (61.9%)

Core businesses

HSS Hire, HSS Training, HSS OneCall - You're better equipped


  • £262m 84% of revenue
  • Core utilisation (LTM) 48% +1pp

Specialist businesses

UK Platforms: powered access, All Seasons Hire: heating and cooling specialists, ABIRD: powered solutions, reintec: cleaning equipment services, APEX: power solutions, TecServ: equipment maintenance


  • £51m 16% of revenue
  • Specialist utilisation (LTM) 76% +6pp

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Chairman’s Overview

Alan Peterson

We focus on three strategic priorities: optimising the branch and distribution network; winning new, and deepening existing, customer relationships; and the continued development and growth of our specialist businesses. The Board is committed to creating shareholder return.

In 2015 we made solid progress against these strategic priorities: We opened 50 new low cost, local branches and further evolved the distribution network including planning for the launch of the National Distribution and Engineering Centre. Following lower than expected key account growth at the beginning of the year, we invested to build our pipeline and have seen a number of important customer wins in the second half. We also continued to invest in the specialist businesses including the acquisition of specialist heating and cooling provider, All Seasons Hire.

We have moved into 2016 with a heavy focus on cost management and productivity, combined with continued growth. HSS is an entrepreneurial business with a solid business plan underpinned by operational and capital flexibility. We move forward determined to deliver that plan and to create shareholder value.

Alan Peterson

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Downloads Centre

Annual Report 2015

  • Full Report

    Contains all content from the Annual Report 2015.

    Download PDF (5.6 Mb)

    Request the print version.

  • Strategic Report

    Includes the Chairman’s Statement, the CEO’s review and a Financial Review together with an overview of the business including its strategy, business model, marketplace, KPIs and principal risks and uncertainties.

    Download PDF (2.3 Mb)
  • Director’s Report

    Includes the Chairman’s overview of corporate governance, reports from each of the Board Committees (Audit, Nomination, Market Disclosure, and Remuneration) together with the Directors’ Remuneration Report and other statutory disclosures.

    Download PDF (1.6 Mb)
  • Financial information

    Independent Auditor’s report and financial statements.

    Download PDF (1.2 Mb)

Annual General Meeting

Our AGM is at 1.30pm on 15th June 2016 at
Haberdashers’ Hall, 18 West Smithfield, London EC1A 9HA.
The Notice of AGM for this meeting can be downloaded here.

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