Ashtead reports unaudited half-year results
Rental revenue up 2%, reaffirms full-year guidance. Adjusted EBITDA $2,657m, free cash flow $1,109m. Announces $1.5bn share buyback.
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International equipment rental company
ashtead-group.comLast updated
In short: Ashtead shifted its primary listing to the US, relisting as Sunbelt Rentals, as softer profits were hit by US construction weakness.
Rental revenue up 2%, reaffirms full-year guidance. Adjusted EBITDA $2,657m, free cash flow $1,109m. Announces $1.5bn share buyback.
The group posted revenue growth, operating profit, and free cash flow figures for the quarter ended 31 July 2025, reaffirming guidance and announcing share buybacks.
The report includes revenue, profit, cash flow, capital expenditure, and dividend details for the year and quarter ended 30 April 2025 with growth and operational highlights.
The circular details a proposed change to the corporate and listing structure and was sent to shareholders on 13 May 2025.
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