05.03.2024 08:47:27 - dpa-AFX: Ashtead Group Q3 Profit Declines Despite Higher Revenue

LONDON (dpa-AFX) - Ashtead Group (AHT.L), on Tuesday, reported Q3 profit
before taxation of £442 million or 76.1c per share compared to £505 million or
86.9c per share last year.

On an adjusted basis, profit before taxation was £473 million or 81.4c per share
versus £535 million or 91.9c per share in the prior year period.

Revenue for the quarter rose 9% to £2.66 billion from £2.43 billion generated a
year ago.

Ashtead's chief executive, Brendan Horgan, said, 'The Group's operating
performance continues to be strong with revenue up 14% and rental revenue growth
of 11%, both at constant currency. This performance is only possible through the
dedication of our team members who deliver for all our stakeholders every day,
while ensuring our leading value of safety remains at the forefront of all we
do.'



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
ASHTEAD GRP PLC LS-,10 894565 Frankfurt 69,000 17.05.24 08:05:06 -2,500 -3,50% 0,000 0,000 69,000 71,500

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