Updates

Brandon Hire

March 2005

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Like Speedy, shares in Brandon Hire are also performing well, with its latest forecast beating results only adding to the positive sentiment. For the year ended 31 December, pretax profit increased by 34% to £5.2m, on turnover up 23% at £48.7m, while underlying earnings rose 31% to 12.5p. The combination of a robust tool-hire market, aggressive expansion in branch numbers by 32 to 130 and an improvement in operating margins from 11.3% to 12.5%, drove this growth. Going forward, chief executive, Charles Skinner, notes that Brandon has only just scratched the surface in the North of England, Scotland and East Anglia, while the South East and East Midlands are still well away from maturity. ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

NETeller - Shares breach 600p level

Inter Link Foods - Ninth deal triggers more share gains

Brandon Hire (November 2005)

Brandon Hire - Acquisitions drive new branch growth (November 2004)

Brandon Hire (September 2004)

Brandon Hire (August 2004)

Brandon Hire - Tool hire group eyes national roll-out (June 2004)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X