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.
Company
Ashtead Group PLC
LON:AHT
Ashtead Group is a leading provider of rental equipment with operations in the US and the UK. We provide equipment that lifts, powers, generates, moves, digs, supports, scrubs, pumps, directs, ventilates, whatever the job needs
223 stories · page 5 of 12
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FTSE 100 closes lower ahead of the Easter weekend
The UK's premier stock index finished down around 11 points at 7,459
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."
Investments and investor services
FTSE 100 closes higher despite lack of catalysts
Footsie finished up around 49 points at 7,183, while the FTSE 250 finished up nearly 32 points at 19,443
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Direct Line to report higher 2018 profits despite large weather-related claims
The day ahead includes full year results from Direct Line and GVC along with a trading update from Ashtead
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Insurance will be the corporate key in coming week, though US jobs data should be biggest draw
The Week Ahead brings updates from the likes of Aviva, Direct Line, L&G and Admiral, while investors can also bet on Paddy Power Betfair and GVC Holdings
Investments and investor services
FTSE 100 finishes lower as uncertainty continues to be the watchword
The UK's premier share index finished down over 27 points at 6,834
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Whatever the UK government no-confidence vote outcome, investors will have plenty to chew over on Thursday
The Day Ahead will bring updates from the likes of Primark-owner Associated British Foods, a caffeine-free Whitbread, credit checker Experian, and software firm Sage
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Brexit, UK inflation the main focus but retail and housebuilder updates continue to flow
Aside from the Brexit merry-go-round, the Week Ahead will bring UK inflation and retail sales numbers, plus updates from the likes of AB Foods, Persimmon, Bovis Homes, and Whitbread
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
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
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
FTSE 100 consolidates gains as Wall Street roars ahead
The jobs and earnings data has lit a fire under the Footsie. Trade talks between the US and China have also aided sentiment
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Brexit shunted from Tuesday agenda at last-minute
Rather than uncertainty surrounding a Brexit deal on Tuesday, the Prime Minister appears to have thrown a new spanner in the works by delaying the vote
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All eyes on UK parliament as Brexit deal circus reaches final act
Aside from the crucial Brexit vote, the Week Ahead will also bring UK labour market data, an ECB council meetings and updates from TUI, WPP, Dixons Carphone, Superdry, Ocado and BAT
Investments and investor services
FTSE 100 closes positively as PM Theresa May says gov't is working towards a good Brexit deal
Britain's blue-chip benchmark finished up around 31 points at 7,029
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
FTSE 100 stays in red at close as Brexit deal confidence wanes; trade fears persist
The UK bluechip index fell 25 points to 7,253 around 3.50pm
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UK jobs and wages in focus given upcoming Bank of England policy meeting
Aside from the latest UK labour market data, Tuesday will also bring corporate updates from the likes of Ashtead Group, JD Sports Fashion, and Cairn Energy
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Heatwave may help or hurt sales at Wetherspoons, JD Sports, Primark and Dunelm
The week ahead includes annual results from Wetherspoons, Galliford Try and Dunelm along with interims from Morrisons and trading updates from AB Foods and Ashtead