Friday quiz: Has H&E boosted Herc’s bottom line? United Rentals changes 2025 guidance | LiuGong’s electric machines

1) Herc Rentals has reported its first quarterly results since finalising the acquisition of H&E Equipment at the start of June showing quarterly pro forma revenues for ‘Herc legacy’ branches reporting 4% rental revenue growth year-on-year while ‘H&E legacy’ locations reported a 14.1% decline in rental revenues. What reason did Herc give for the discrepancy?

• Inflationary pressures on equipment costs
• Market volatility and uncertainty
• Integration challenges and local market exposure

2) How did United Rentals adjust its full-year 2025 guidance following the publication of its second-quarter results last week?

• It lowered both revenue and EBITDA forecasts due to softening rental demand
• It raised its revenue, EBITDA, and cash flow forecasts based on strong Q2 performance
• It maintained its previous guidance, citing market uncertainty

3) This week LiuGong has confirmed plans to launch 10 new electric construction machines for Europe by 2026, including its first electric skid steer loaders, reach stackers and forklifts. How many electric machines does LiuGong currently have in operation worldwide, according to Product Director Harry Mellor?

• Less than 5,000
• Over 10,500
• Around 15,000

4) Construction attachment tools specialist Engcon this week signed an agreement to supply tiltrotators and other Engcon products to the dealers and distributors of which major OEM?

• Caterpillar
• Volvo CE
• Hitachi Construction Machinery (Europe)

5) Hitachi Energy partnered with hydrogen supplier Air Products and contractor Dura Vermeer to test the use of its HyFlex hydrogen fuel cell generator. What was the main purpose of the demonstration?

• To recharge an electric excavator using clean energy
• To generate hydrogen on-site for storage
• To use hydrogen filled hot air balloons to lift construction loads in the place of tower cranes

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