All ashtead group Articles
Five trends from the ARA rental forecast for North America
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Why did annual profits fall at Ashtead despite a growth in rental revenues?
Segment up by 11%, while generalist business remains flat
Flat revenues in its main North American markets
Shareholder vote is scheduled for mid-May
Construction downturn offset by mega projects
Move will also mean group rebrand to Sunbelt Rentals
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This year’s Aerials20 annual ranking shows healthy growth and utilization across the board
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Specialty puts company in “position of strength”
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American rental firms made up the biggest majority of the annual list, accounting for more than half of the total revenues of US$81.6 billion
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Parent company Ashtead Group recently released its report for fiscal year 2024, highlighting the issues affecting growth of its US-based division
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Group revenue topped $10 billion, while Sunbelt Rentals’ revenue increased 13.2% year over year
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Focused on growing specialty rental alongside an ambitious goal for greenfield startups, Ashtead’s US-based rental giant laid out some ambitious goals with its Sunbelt 4.0 five-year plan
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Revenues in line with gudiance, but one market downgraded
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London-based global rental giant outlines how it aims to achieve greater sustainability in 2024 and beyond
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Battery-powered machines are seeing more adoption from equipment rental companies, but many in the sector still need to be convinced
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Company issues trading update on 2nd quarter revenues