All ashtead group Articles
Five trends from the ARA rental forecast for North America
Six things we learnt from United Rentals’ Q2 resutls
IRN’s topical weekly news quiz
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Why did annual profits fall at Ashtead despite a growth in rental revenues?
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IRN’s 2025 ranking of the world’s 100 biggest equipment rental firms has landed
IRN’s topical weekly news quiz
Segment up by 11%, while generalist business remains flat
Flat revenues in its main North American markets
Shareholder vote is scheduled for mid-May
Construction downturn offset by mega projects
Move will also mean group rebrand to Sunbelt Rentals
+10% increase in stocks was the immediate market reaction
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The week of Aug. 29-Sept. 4, 2024 included news of growth and a focus on the future
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Specialty puts company in “position of strength”
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American rental firms made up the biggest majority of the annual list, accounting for more than half of the total revenues of US$81.6 billion
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Parent company Ashtead Group recently released its report for fiscal year 2024, highlighting the issues affecting growth of its US-based division
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Group revenue topped $10 billion, while Sunbelt Rentals’ revenue increased 13.2% year over year
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Focused on growing specialty rental alongside an ambitious goal for greenfield startups, Ashtead’s US-based rental giant laid out some ambitious goals with its Sunbelt 4.0 five-year plan