Speedy Hire Plc provided earnings guidance for the first quarter ended June 30, 2017. Revenue for the first quarter of the year ending 31 March 2018, pre-disposals, was ahead of the prior year, primarily as a result of growth in non-hire revenues in the UK and Ireland. Overhead costs remain tightly controlled and, after the acquisition of Lloyds British, are in line with the prior year. EBITA is consequently ahead of the prior year and, whilst the revenue mix has changed, margins have increased. Net debt at 30 June 2017 was at a similar level to 31 March 2017, significantly lower than at this time in the prior year.