Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Ashtead Group    AHT   GB0000536739

ASHTEAD GROUP (AHT)
Mes dernières consult.
Most popular
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Ashtead : says string of hurricanes will boost demand for its business

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/13/2017 | 07:21am CEST

EQUIPMENT rental group Ashtead has reported increased earnings, profit and revenue for the first quarter of the year.

On an underlying basis, rental revenue rose 17 per cent to £828.8m in the three months to 31 July, up from £660.8m in the same period of last year. Operating profit increased 20 per cent to hit £266.5m, compared with £206.6m this time last year, and pre-tax profit was up 21 per cent at £238.5m.

Hurricane season has dominated global headlines, and while it's mainly bad news, that's not the case for Ashtead. "Currently, our efforts are focussed on supporting our colleagues, neighbours and customers and we stand ready to provide further assistance," said chief executive Geoff Drabble.

However, he added that the hurricane season has "already generated significant activity which will require a major clean-up effort and then a multi-year rebuild programme", and said it was evident the impact of Hurricanes Harvey and Irma would drive demand. As a result, the group said, it continues to hold a confident outlook for the medium term.

(c) 2017 City A.M., source Newspaper

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ASHTEAD GROUP
10/14 ASHTEAD : Sunbelt Rentals Posts Blockbuster First Fiscal Quarter
10/09 ASHTEAD : care home evacuated after water leaks onto electrical hub
10/06 ASHTEAD : man found guilty of trafficking women into UK for prostitution at Gatw..
09/22 ASHTEAD : 23 celebrities you might not know went to school in Surrey
09/13 ASHTEAD : says string of hurricanes will boost demand for its business
09/12 ASHTEAD GROUP PLC : - Result of AGM 2017
09/12 FTSE dips as sterling rises, housebuilders suffer
09/12 ASHTEAD : forecasts U.S. hurricane-driven demand for its tools
09/12 ASHTEAD : 1st Quarter Results
09/08 ASHTEAD : William Dyer's opens new deli selling pies and fresh ready meals in Fe..
More news
News from SeekingAlpha
09/12 Ashtead Group reports Q1 results
06/13 Ashtead's (ASHTF) CEO Geoffrey Drabble on Q4 2017 Results - Earnings Call Tra..
06/13 Ashtead Group reports Q4 results
04/23 UNITED RENTALS STOCK : Overreaction Creates Buying Opportunity
03/07 Ashtead Group's (ASHTF) CEO Geoff Drabble on Q3 2017 Results - Earnings Call ..
Financials ( GBP)
Sales 2018 3 578 M
EBIT 2018 1 006 M
Net income 2018 567 M
Debt 2018 2 465 M
Yield 2018 1,60%
P/E ratio 2018 16,41
P/E ratio 2019 14,86
EV / Sales 2018 3,32x
EV / Sales 2019 3,00x
Capitalization 9 410 M
Chart ASHTEAD GROUP
Duration : Period :
Ashtead Group Technical Analysis Chart | AHT | GB0000536739 | 4-Traders
Technical analysis trends ASHTEAD GROUP
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 18,0  GBP
Spread / Average Target -4,3%
EPS Revisions
Managers
NameTitle
Geoffrey Drabble Chief Executive Officer & Executive Director
Christopher Cole Non-Executive Chairman
Suzanne Wood Finance Director & Executive Director
Sat Dhaiwal Executive Director
Ian Sutcliffe Senior Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
ASHTEAD GROUP18.61%12 360
AIR LEASE CORP25.46%4 482
AIRCASTLE LIMITED10.84%1 841
CRAMO OYJ-5.00%1 191
RAMIRENT OYJ13.40%1 075
NISHIO RENT ALL CO LTD9.48%942