Ashtead Group Results Presentation Deck
US TRADING
~
May
General Tool
Specialty
+18%
Oil & gas
-62%
-53%
Total
-8%
-3%
Rental only revenue presented on a billing day basis
Q1
Jun
Jul
-9%
+6%
Rental revenue
Aug
Q2
Sep
2019/20
15 First quarter results ¦ 31 July 2021
-7%
Oct
FY21
Q3
-4%
+6%
-40%
-3%
Sunbelt US: fleet on rent
Nov
2020/21
Q4
+7%
+18%
-25%
+8%
Dec
Jan
FY
-4%
+13%
-44%
-2%
Feb
2021/22
Mar
FY22
Q1
+14%
+22%
+86%
+16%
Apr
▪ Strong sequential and year-on-year growth in General Tool,
while Specialty delivers another exceptional quarter
▪ Rental revenue 7% better than pre-pandemic 2019 levels
▪ Demonstrates increased diversity of our end markets and
power of cross selling between General Tool and Specialty
■
Supply constraints leading to high levels of utilisation,
coupled with rate discipline and our dynamic pricing
system driving strong rate improvement
Heightened demand in September, particularly in Specialty,
as we support the markets impacted by hurricane Ida
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