Ashtead Sees Profits Soar

Summary


Construction rental group Ashtead saw its first quarter pretax profits nearly double to pounds 24.3 million on the back of strong US growth and acquisitions.

Ashtead, which owns Sunbelt in the US and A-Plant in the UK, said increasing market share and the continuing shift from ownership to rental in the US were behind the increase.

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Ashtead Sees Profits Soar

First quarter dollar revenu...

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