22 March 2017

HSS Hire Group plc

Restatement of historic segmental trading results for HSS Hire Group plc and Hero Acquisitions Limited

Following the change in HSS Hire Group plc's segmental reporting format, first adopted in the interim results released in August 2016, this announcement provides the market with a restatement of historic segmental data in this new format.

Restated segmental results for HSS Hire Group plc

The tables below provide the restated segmental financial results for HSS Hire Group plc for the 26 week period ended 27 June 2015, the 52 week period ended 26 December 2015 and the 27 week period ended 2 July 2016.

The segmental analysis has been further refined since the initial presentation in August 2016; all data presented here reflects these changes on a consistent basis.

Restated segmental results for Hero Acquisitions Limited

The tables below provide the restated segmental financial results for Hero Acquisitions Limited for the 52 week period ended 26 December 2015 together with those for the 40 week period ended 1 October 2016, the 27 week period ended 2 July 2016 and the 14 week period ended 2 April 2016, and their corresponding prior year periods in 2015.

The segmental analysis has been further refined since the initial presentation in August 2016; all data presented here reflects these changes on a consistent basis.

Notes

(1)     Comprises rental income earned from owned tools and equipment and directly related revenue e.g. resale, transport and other ancillary revenues.

(2)     Comprises the group's third party supplied rehire business (HSS OneCall), HSS Training and TecServ.

(3)     Revenue less cost of sales (excluding depreciation and exceptional items), distribution costs and directly attributable costs.

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Note to editors                                                   

HSS Hire Group plc provides tool and equipment hire and related services in the UK and Ireland. Focusing primarily on the maintain and operate segments of the market, over 90% of its revenues come from business customers. HSS is listed on the Main Market of the London Stock Exchange. For more information please see www.hsshiregroup.com.