Ashtead Group Results Presentation Deck
CANADA TRADING
▪ Growth driven by General Tool business, aided by developing
Specialty businesses
Strong demand and supply constraints contributing to record
utilisation and favourable rate environment
▪ Sunbelt 3.0 plan progressing well leading to cross selling wins to
an increasingly diverse customer base
■
Strong quarter for Lighting, Grip and Studio (WFW), with benefit
from leveraging broader Sunbelt platform
Discipline and proprietary tools driving good rate improvement
Canadian building permit values
2019
Market (C$bn)
Market growth
+3%
Source: Dodge Data & Analytics (June 2021)
2020
17 Half year results | 31 October 2021
2021
-2%
2022
102,864 101,029 114,321 103,969 109,167 112,550
+13%
2023
-9%
2024
+5%
+3%
May
Jun
Jul
Fleet on rent (excluding William F. White)
Aug Sep Oct
2019/20
Nov
2020/21
Dec
Market growth
Source: IHS Markit (November 2021)
Jan
Canadian rental market forecasts
Feb
2021/22
Mar Apr
2017 2018 2019 2020 2021 2022 2023 2024
+7% +3% -1% -11% +19% +8% +5% +2%
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