Ashtead Group Results Presentation Deck
CANADA TRADING
▪ Sunbelt 3.0 plan progressing well, with cluster development and
increasing business maturity delivering strong margins and
returns
Amplification of Specialty business progressing well
Healthy demand and market dynamics contributing to strong
utilisation and favourable rate environment
Canadian building permit values
2020
2021
Market (C$bn)
Market growth
-2%
Source: Dodge Data & Analytics (January 2023)
+26%
2022
17 Nine month results | 31 January 2023
2023
+8%
101,029 127,371 137,438 118,288 118,152 123,338 127,626
2024
-14%
2025
- %
2026
+4%
+3%
May
Jun
Fleet on rent (excluding Lighting, Grip and Lens)
Jul
Aug Sep Oct
2019/20
2019
Market growth
Source: IHS Markit (February 2023)
Nov
-1%
2020/21
Dec
Canadian rental market forecasts
Jan
2021/22
2020 2021 2022 2023
-11% +16% +10%
- %
Feb Mar
2022/23
Apr
2024 2025 2026
+5% +9% +4%
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