Ashtead Group Results Presentation Deck
US TRADING
May
Q3
General tool
-9% -7% -4%
Specialty
+6% +18% +6%
Oil & gas
-62%
-53% -40%
Total
-3% -3%
-8%
1 Rental only revenue presented on a billing day basis
14
Jun
Q1
Jul
Q2
Aug
FY21
Sep
2019/20
Full year results | 30 April 2022
Rental revenue¹
FY
Q4
+7%
-4%
+18%
+13%
-25% -44%
+8% -2%
Oct
Fleet on rent
Nov
2020/21
Q1 Q2
Q3
Q4
+14%
+13%
+19% +23% +17%
+22% +23%
+34% +34%
+28%
+86% +62% +44% +43%
+54%
+16% +16% +23% +26%
+21%
Dec
Jan
Feb
FY22
2021/22
Mar
FY
Apr
H
Strong growth and sequential momentum in General
Tool, while Specialty delivers another exceptional
performance, aided by the Mahaffey and ComRent
acquisitions
Very strong demand environment coupled with ongoing
supply constraints contributing to high utilisation levels
▪ Market dynamics supportive of continued progression in
rental rates
▪ Customers' trends to opex rather than capex heightened
during prolonged period of supply constraints,
accelerating structural shift from ownership to rental
▪ Broad strength across Specialty business lines
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