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
Lighting, Grip and Lens performance improving since uncertainty
from threatened production strikes in Vancouver
Canadian building permit values
20
2019
Market (C$bn)
Market growth
+3%
Source: Dodge Data & Analytics (June 2022)
2020
2021
Half year results ¦ 31 October 2022
2022
2023
-1%
102,864 101,029 127,371 126,548 120,664 123,827 128,049
-2% +26%
2024
-5%
2025
+3%
+3%
May
Jun
Fleet on rent (excluding Lighting, Grip and Lens)
Jul
Aug
2019/20
2019
Sep
Market growth
Source: IHS Markit (November 2022)
-1%
Oct
Nov
2020/21
Dec
Canadian rental market forecasts
Jan
2021/22
2020 2021 2022 2023
Feb Mar Apr
2022/23
2024 2025 2026
-11% +16% +11% +2% +4% +5% +3%
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