Ashtead Group PLC
Ashtead is an international equipment rental company with national networks in the United Kingdom, The United States and a small presence in Canada. The company rents a full range of construction and industrial equipment across a wide variety of applications to a diverse customer base.
The Company rents on a short-term basis. It sells old equipment in the second-hand market and rental fleet ranges from small hand-held tools to a range of construction equipment, proving rental solutions for non-residential construction markets, facilities management, disaster relief, event management, climate control, scaffolding and traffic management.
Ashtead Group PLC Market Influences
FTSE 100 company Ashtead Group (LSE: AHT) has delivered substantial returns for its shareholders over the last decade. Demand for Ashtead's rental equipment has increased revenue and profitability resulting in powerful growth. The company is building their market share through same-store growth, new greenfield investments, selected acquisitions and the expansion of their product offering.