A flurry of announcements from HSS Hire Group which saw its shares resume trading this morning after a brief suspension. The company has gone through a strategic overhaul, splitting off part of the business and arranging the sale of further assets, with the early share price reaction being incredibly positive. That’s been enough to return the valuation to pre-suspension levels despite the fact that the headline metrics in terms of profitability and revenues may have fallen short. The HSS share price was up 33% in the first few minutes of trade.
The sports car manufacturer Aston Martin published Q3 earnings this morning as well as an update for the full year outlook. Sales have been weaker than expected, with US tariffs weighing along with weaker demand from China. However, this seems to have been largely anticipated – the report is far from upbeat with management looking to trim costs again and expecting no free cashflow at the year-end but the market reaction suggests that most of this was already priced in. The Aston Martin share price was down just over 7% in early trade.
The packaging company Mondi issued a quarterly trading update this morning, noting tough market conditions and expecting the outlook to remain challenging for the remainder of the year, too. Management are prioritising cash generation and have identified cash savings too following a recent acquisition but the Mondi share price had tanked by more than 17% at 9am.
Most read news on Investegate this morning
Expected Intention to Float - - SHAWBROOK GROUP PLC (PH56)
Statement re Increased Cash Offer - - Treatt (TET)
Q3 2025 Trading Update and revised outlook - - Aston Martin Lagonda Global Holdings (AML)
