Shareholders will be hoping Ashtead’s first quarter results will see the equipment rental firm continuing the strong momentum seen last year, on the back of the recovering US construction industry.
On the other hand, US competitor United Rentals recently sounded a note of caution in its recent trading update, and that may make Ashtead think twice about its planned capital expenditure this year of around £1bn.
By comparison, Fishing Republic is, if you will forgive the pun, a tiddler, but Wednesday will see the seller of fishing tackle publish its first set of interims since floating on AIM at the beginning June.
Significant announcements expected
Interims: Ashtead Group (LON:AHT), Biome Technologies (LON:BIOM), Concurrent Technologies (LON:CNC), Fishing Republic (LON:FISH), Johnson Service Group (LON:JSG)
Economic: Global – Non-manufacturing PMIs. USA – ADP employment change; Non-farm productivity; Factory orders; Fed Beige Book. EU – Producer prices