Ashtead profits down for fiscal ‘24, but results buoyed by Sunbelt Rentals’ strength

Jenny Lescohier Editor, Rental Briefing

20 June 2024

Ashtead Group’s full-year results for the fiscal year ending March 2024 showed overall profits down from expectations, however in the US, Sunbelt Rentals’ total revenue jumped 13.2% to $9,306.7 million, compared to $8,222.4 million a year ago.

Group revenue increased 12% to $10.859 billion during the year, compared to $9,667 million a year ago. This revenue growth resulted in EBITDA increasing 11% to $4,893 million from $4,412 million in 2023.

Log in to continue reading

Log in for free access to this article and more, including:

  • Industry news and expert insight
  • Digital magazines and reports
  • Newsletters covering the topics that matter to you

    • If you haven’t completed your free registration yet, we’ll ask you for a few details before returning you to the article.

    Login
    STAY CONNECTED


    Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

    Sign up

    ERA TCO and CO2 calculators
    ERA TCO Calc
    Calculate the total cost of ownership and CO2 output of construction machinery using the European Rental Association’s online, free-to-use calculators.
    CONNECT WITH THE TEAM
    Murray Pollok Editor, International Rental News Tel: +44 (0)1505 850043 E-mail: [email protected]
    Ollie Hodges Vice President, Sales Tel: +44 (0)1892 786253 E-mail: [email protected]
    CONNECT WITH SOCIAL MEDIA