HSS Hire Group loses major managed service contract

Neil Gerrard Senior Editor, Construction Briefing

12 June 2024

HSS Hire Group has lost a major contract with UK-based infrastructure services firm Amey.

The managed services contract with Amey has been running since December 2015 and accounts for around 7% of HSS Hire Group’s revenue and 10% of its adjusted EBITDA in 2023, according to an announcement to investors from HSS.

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