United Rentals to maintain high CapEx in 2022

Murray Pollok Managing Editor, IRN & Director of Content, KHL

27 January 2022

United Rentals said it is likely to maintain the high levels of capital expenditure in 2022 with expected spending of up to US$3.1 billion.

The forecast came as United reported a 24.7% increase in revenues for the final quarter of 2021, up to $2.3 billion, with net profits rising 62% to $481 million.

Log in to continue reading

Log in for free access to this article and more, including:

  • Industry news and expert insight
  • Digital magazines and reports
  • Newsletters covering the topics that matter to you

    • If you haven’t completed your free registration yet, we’ll ask you for a few details before returning you to the article.

    Login
    STAY CONNECTED



    Access Briefing

    Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

    Sign up

    CONNECT WITH THE TEAM
    Euan Youdale Editor Tel: +44 (0)1892 786 214 E-mail: [email protected]
    Pete Balistrieri Brand Manager - ALH & SA Tel: +1 414 940 9897 E-mail: [email protected]
    Ollie Hodges Vice President, Sales - ALH & SA Tel: +44 (0)1892 786253 E-mail: [email protected]
    CONNECT WITH SOCIAL MEDIA