Ashtead

MARKET REPORT: Ashtead equipped for a strong Covid recovery

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Ashtead smashed City forecasts after it picked up extra work supporting first responders, hospitals and testing centres during the pandemic. The equipment rental firm, which also benefited hugely from being designated ‘essential’ in the US, UK and Canada, said profits fell around a fifth to £506million in the six months to October. But this included … Read more

MARKET REPORT: Investors cheer Ashtead pledge to keep £151m divi 

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Investors breathed a sigh of relief after equipment rental giant Ashtead pledged to pay out its £151million final dividend. The FTSE 100-listed group hailed a ‘resilient’ performance in the year to April 30. Ashtead, which rents out everything from generators and portable cabins to tools and cranes, suffered in the initial downturn in March and … Read more