Ashtead Group

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Market Cap:
£10.47 billion
52 weeks high
52 weeks low

Viewing results 1-25 of 47

Industry & services

Ashtead drops despite playing down US construction worries

Net debt swelled to £5.2bn from £3.8bn during the quarter to end-July...

1 week, 4 days ago
Industry & services

Ashtead hikes dividend as strong US revenue lifts profits

Chief executive Brendan Horgan said the board "continues to look to the medium term with confidence"...

on 18/6/19
Industry & services

Ferguson jumps as US fund manager Trian reveals it has a amassed a near 6% holding in the plumbers’ merchant

“Trian believes that Ferguson is an attractive business that trades at a discount to comparable US peers,” said the US group, which is run by veteran activist investor Nelson Peltz...

on 13/6/19
Industry & services

Ashtead could be the next company sunk by record US rainfall

Since the start of 2019, areas of the US have been enduring multiple months of flash flooding as torrential rainfall has engulfed large portions of the Midwest and the South...

on 11/6/19
Industry & services

Ferguson unveils buyback as softer US sales disappoint

Revenue growth softened to 6.2% in the third quarter from 8.2% in the first half of the year....

on 10/6/19
Industry & services

Ashtead Group reveals revenue and profit growth but spending is at top end

Chief executive Geoff Drabble said: "We expect full year results to be in line with our expectations and the board continues to look to the medium term with confidence."...

on 5/3/19
Industry & services

Ashtead Group boosted by UBS upgrade to ‘neutral’ from ‘sell’ on valuation grounds after big de-rating

The Swiss bank also raised its price target for the FTSE 100-listed firm to 1,800p from 1,700p, with the stock currently changing hands at 1,814.50p, up 3.5% on Monday’s close...

on 8/1/19

How RBS’s management team can achieve a FTSE 100 first in 2019

Never in the FTSE 100's 34-year history has a blue-chip company had women filling the top two executive roles...

on 28/12/18
Industry & services

Sterling slump: Who’s benefitting?

On Monday, fresh Brexit volatility pushed the pound to a yearly low against the dollar but despite the turmoil, some firms are profiting handsomely...

on 11/12/18
Industry & services

Ashtead predicts forecast beating annual profit after US growth boosts first half

Ashtead’s US Sunbelt business earned additional revenue following clean-up efforts in the country after Hurricanes Florence and Michael...

on 11/12/18
Industry & services

Ashtead CEO Drabble to leave in 2019, names head of North American business as successor

Incoming CEO Horgan leads Ashtead's North American group, the company's largest business ...

on 29/11/18
Industry & services

Ashtead profits soar on growing demand in equipment rental market

The British equipment rental group also announced plans to increase and extend its current share buyback plans...

on 11/9/18
Retail & consumer

Dividend and conquer! Why income investing can be a lucrative strategy

Had you bought £1,000 worth of Ashtead shares in 2008, your investment, including the (reinvested) dividends, would be worth more than £42,000 today...

on 18/7/18
Industry & services

Ashtead appoints Paul Walker as new chairman

The FTSE 100-listed equipment rental company said Chris Cole, who has been chairman of Ashtead since 2007 and previously as non-executive director, will retire from the company on September 11...

on 26/6/18
Industry & services

Ashtead profits gain as US hurricanes boost revenues

Ashtead hiked its final dividend by 20% and plans to spend at least a further £600mln on share buybacks...

on 19/6/18
Industry & services

Ashtead Group predicts full-year results in line with expectations as it prepares investor event

The FTSE 100-listed equipment rental company said it had continued to perform well in the fourth quarter...

on 19/4/18
Industry & services

Ashtead's finance director steps down as Trump and hurricanes lift quarterly earnings

Ashtead saw strong demand in its US division as it supported clean-up efforts after hurricanes Harvey, Irma and Maria. ...

on 6/3/18
Industry & services

Serco, Equiniti and Page Group downgraded by Credit Suisse amid Brexit uncertainty

Credit Suisse has adjusted its ratings and target prices on a number of business service stocks...

on 3/1/18
Industry & services

Ashtead shares fall after Citigroup downgrades stock to 'neutral'

Ashtead's second quarter earnings and revenue beat Citigroup's expectations...

on 13/12/17
Industry & services

Ashtead chairman to step down as it lifts full year outlook after hurricanes boost profits

Ashtead said it would start a share buyback programme of between £500mln and £1bn over the next 18 months...

on 12/12/17
Industry & services

Ashtead to be a clear beneficiary of any US tax cuts

US economic and construction indicators remain positive and should provide a supportive environment for Ashtead....

on 7/12/17
Industry & services

Ashtead expects demand to rise in the US after Hurricane Irma and Hurricane Harvey

Ashtead reported an increase in first quarter profits and revenue with growth across its two businesses in the UK and North America...

on 12/9/17
Industry & services

Ashtead Group's full year profit rises 7% on strong demand for industrial equipment hire

Ashtead stands to benefit from US President Donald Trump's plans to increase spending on infrastructure ...

on 13/6/17
Industry & services

Ashtead expands in the US with acquisition of Pride Equipment

Ashtead has expanded its US business with the acquisition of Pride Equipment Corp following strong growth in the market...

on 3/4/17