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Speedy's finance director to step down

Speedy Hire's finance director is on the move but the company has reassured the market that its full-year guidance is unchanged
August 12, 2014

Speedy Hire (SDY) has announced that finance director Lynn Krige will step down at a date yet to be finalised. Ms Krige has been in her role since 2011 and survived a major management shake-out last year following the shock discovery of accounting irregularities in the international division.

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The equipment hire company said that the decision was mutual and that a search was under way for a replacement. In a move likely intended to reassure the market following a surprise profit warning in March, Speedy also took the opportunity to confirm that it remains on track to meet expectations for the current financial year.