Brief: Ashtead Group Sees Full Year Profit Lower Than Previous Expectations

Ashtead

10/12/2024 07:18

Dec 10 - Ashtead Group PLC  AHT.L :
    * ASHTEAD GROUP PLC - HY ADJUSTED PROFIT BEFORE TAXATION OF
$1,255M
    * ASHTEAD GROUP PLC - COMMENCING A SHARE BUYBACK PROGRAMME
OF UP
TO $1.5BN OVER NEXT 18 MONTHS
    * ASHTEAD GROUP PLC - INTERIM DIVIDEND OF 36¢ PER SHARE
    * ASHTEAD GROUP PLC - NOW GUIDE TO GROUP RENTAL REVENUE
GROWTH FOR
FULL YEAR IN RANGE OF 3-5%
    * ASHTEAD GROUP PLC - SEES FULL YEAR PROFIT LOWER THAN
PREVIOUS
EXPECTATIONS
    * ASHTEAD GROUP PLC - H1 2024 REVENUE UP 2% TO $5.695
BILLION
    * ASHTEAD GROUP PLC - EXPECT CAPITAL EXPENDITURE FOR YEAR TO
BE
$550M LOWER THAN OUR PREVIOUS GUIDANCE AT MID-POINT

     

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