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Ashtead Group

Current Price 5531.00p Bid 5438.00p Ask 5532.00p Change 0.20%
Last Updated: 28/02/2024 22:29. Prices delayed by at least 15 minutes.
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Company Overview

Ashtead Group plc is a United Kingdom-based international equipment rental company. The Company rents a range of construction and industrial equipment across a variety of applications to a diverse customer base. The Company operates mainly in the United States, Canada, and the United Kingdom, under the brand name Sunbelt Rentals. The Company's Sunbelt US is a United States-based construction and industrial equipment rental division with approximately 1,056 stores. It rents a range of equipment from a network of stores clustered in various metropolitan areas, from Washington D.C., and Baltimore on the Atlantic Coast through Miami, Tampa, and Orlando in Florida to Los Angeles and Seattle on the West Coast.

Financial Highlights Year Ended 30/04/2020

Revenue
£5,053.60m
Operating Profit/Loss
£1,223.60m
Dividend yield (%)
1.90
Total dividend for year
40.6500p
Dividend cover
4.31
P/E Ratio
12.40

Key Personnel

Mr Brendan Horgan
Chief Executive Officer
Mr Michael Pratt
Group Finance Director
Mr Lindsley Ruth
Independent Non-Executive Director
Mrs Jill Easterbrook
Independent Non-Executive Director
Ms Lucinda Riches
Independent Non-Executive Director
Ms Tanya Fratto
Independent Non-Executive Director
Mr Paul Walker
Non-Executive Chairman
Ms Renata Ribeiro
Non-Executive Director
Mr Angus Cockburn
Senior Independent Non-Executive Director

Stock Details

EPIC
AHTL
ISIN
GB0000536739
Shares in Issue
503.33m
Market cap
£27,838.94m

Analyst Views (4)

Strong Buy
 
0%
Buy
 
75.00%
Hold
 
25.00%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
5,531.00p
Bid Price
5,438.00p
Ask Price
5,532.00p
Volume
124,264
Change Today
11.00p
% Change Today
0.20%
Open
5,508.00p
Previous Close
5,531.00p
Intraday High
5,536.00p
Intraday Low
5,426.00p
52 Week High
5,892.00p
52 Week Low
4,441.00p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Income Statement

Year End Date
30 Apr 2020
30 Apr 2019
 
£ (M)
£ (M)
Continuing Operations
Revenue
5,053.60
4,499.60
Operating Profit/Loss
1,223.60
1,212.90
Net Interest
-240.80
-153.40
Pre-Tax Profit
982.80
1,059.50
Profit After Tax from continuing operations
739.70
796.90
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
739.70
796.90
Attributable to:
Equity Holders of Parent Company
739.70
796.90
Minority Interests
n/a
n/a
Total Dividend Paid
40.6500p
40.0000p
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
30 Apr 2020
30 Apr 2019
Basic
162.10p
166.10p
Diluted
161.50p
165.40p
Adjusted
175.00p
174.20p
Dividend per Share
40.6500p
40.0000p

Assets

Year End Date
30 Apr 2020
30 Apr 2019
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
7,687.10
5,987.00
Intangible Assets
1,666.40
1,405.30
Investment Properties
n/a
n/a
Investments
n/a
n/a
Other Financial Assets
n/a
n/a
Other Non-Current Assets
n/a
n/a
Current Assets
Inventories
83.30
83.50
Trade & Other Receivables
821.60
843.60
Cash at Bank & In Hand
241.40
12.80
Current Asset Investments
n/a
n/a
Other Current Assets
32.80
25.30
Other Assets
n/a
n/a
Total Assets
10,532.60
8,357.50

Liabilities

Year End Date
30 Apr 2020
30 Apr 2019
 
£ (M)
£ (M)
Current Liabilities
Borrowings
106.00
2.30
Other Current Liabilities
630.70
691.30
Total Current Liabilities
736.70
693.60
Non-Current Liabilities
Borrowings
5,498.40
3,755.40
Provisions
1,313.20
1,107.10
Other Non-Current Liabilities
12.10
0.90
Total Non-Current Liabilities
6,823.70
4,863.40
Other Liabilities
n/a
n/a
Total Liabilities
7,560.40
5,557.00

Net Assets

Year End Date
30 Apr 2020
30 Apr 2019
 
£ (M)
£ (M)
Net Assets
2,972.20
2,800.50

Capital & Reserves

Year End Date
30 Apr 2020
30 Apr 2019
 
£ (M)
£ (M)
Share Capital
45.40
49.90
Share Premium Account
3.60
3.60
Other Reserves
172.90
-406.20
Retained Earnings
2,750.30
3,153.20
Shareholders Funds
2,972.20
2,800.50
Minority Interests/Other Equity
n/a
n/a
Total Equity
2,972.20
2,800.50

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Interim
11 Jan 2024
08 Feb 2024
15.75¢
Final
10 Aug 2023
12 Sep 2023
85.00¢
Interim
12 Jan 2023
09 Feb 2023
15.00¢
Final
11 Aug 2022
09 Sep 2022
67.50¢
Interim
13 Jan 2022
10 Feb 2022
12.50¢
Final
19 Aug 2021
21 Sep 2021
35.00p
Interim
14 Jan 2021
03 Feb 2021
7.15p
Final
13 Aug 2020
11 Sep 2020
33.50p
Interim
16 Jan 2020
05 Feb 2020
7.15p
Final
15 Aug 2019
13 Sep 2019
33.50p
Interim
17 Jan 2019
06 Feb 2019
6.50p
Final
16 Aug 2018
14 Sep 2018
27.50p
Interim
18 Jan 2018
07 Feb 2018
5.50p
Final
17 Aug 2017
15 Sep 2017
22.75p
Interim
19 Jan 2017
08 Feb 2017
4.75p
Final
11 Aug 2016
09 Sep 2016
18.50p
Interim
14 Jan 2016
03 Feb 2016
4.00p
Final
19 Aug 2009
11 Sep 2009
1.675p
Final
19 Aug 2009
11 Sep 2009
1.675p

Dividend Metrics

Year End Date
30 Apr 2020
30 Apr 2019
Dividend growth
1.63%
21.21%
Dividend yield
1.90%
1.90%
Dividend cover
4.31
4.36


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