Ashtead Group Results Presentation Deck slide image

Ashtead Group Results Presentation Deck

CAPITAL ALLOCATION CONSISTENTLY APPLIED POLICY CONTINUES CLEAR PRIORITIES Organic fleet growth Same-store ■ Greenfields Bolt-on acquisitions Returns to shareholders I ■ 27 Progressive dividend policy Share buybacks Full year results ¦ 30 April 2021 APPLICATION I ■ ■ I £718m invested in the business 29 greenfields opened in North Americal £125m spent on bolt-ons, with seven locations added Good pipeline Proposed final dividend of 35.0p per share, making 42.15p per share for the year Share buyback programme of up to £1bn over two financial years commenced in May at an initial rate of £75m per quarter UNDERPINNED BY NET DEBT TO EBITDA LEVERAGE OF 1.5 TO 2.0 TIMES Ashtead group
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