A+ for Ashtead Group after sparkling Q1
SPARKLING first quarter results has prompted Ashtead Group, the listed parent of Warrington equipment and industrial vehicle hire group A-Plant, to upgrade its full year expectations.
The company, which also owns Sunbelt in the US, said rental revenues in the three months to the end of July had risen 22% to £417.7m, while profits in the period were up 33% to a record £120.4m.
Although Birchwood-based A-Plant is considerably smaller than Sunbelt, Ashtead said it "continues to perform well" and delivered t... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...