HSS Hire risks suspension over delayed financials

(Sharecast News) - Tool and equipment hire business HSS Hire warned on Tuesday that there was no certainty it would be able to publish its annual report by the required deadline, as it continues to advance a number of commercial and strategic initiatives. HSS had previously flagged a delay to the release of its results for the 15-month period ended 31 March, citing the need for additional time to finalise its financial statements and annual report.

The AIM-listed company has now attributed the ongoing delay to its focus on "long term value creation" across the business.

HSS warned that failure to publish its FY25 annual report by the close of business on 30 September would result in a temporary suspension of its shares from trading.

As of 0945 BST, HSS shares were up 1.15% at 8.85p.





Reporting by Iain Gilbert at Sharecast.com