Ashtead Group Results Presentation Deck
CASH FLOW FUNDS ALL FLEET INVESTMENT
($m)
EBITDA before exceptional items
EBITDA margin
Cash inflow from operations
before fleet changes and
exceptionals
Cash conversion ratio
Replacement capital expenditure
Disposal proceeds
Interest and tax
Cash flow before discretionary
items
Growth capital expenditure
Exceptional costs
Free cash flow
Business acquisitions
Cash flow available to equity
holders
Dividends paid
Share issues/returns
LTM
Oct-21
3,324 3,037 3,008 2,748 2,319 1,947 1,769 1,452 1,098
46% 47% 47%
46% 45% 42%
46%
47%
47%
3,045
92%
(1,089)
369
(596)
3,017 3,076 2,664 2,248
99% 102%
97%
97%
(892) (1,087)
(837)
(692)
(682)
403
327
250
215
208
(643)
(393)
(253)
(278)
(195)
1,885 1,923 1,824 1,493 1,220
(480)
(63) (906) (1,344)
(945)
(36)
(16)
(32)
1,213 1,822 1,001
(605) (195) (577)
608 1,627
1,729
2021 2020 2019
29 Half year results ¦ 31 October 2021
2018 2017
424
480
(767)
1,889
97%
516
(477)
2016
1,617
91%
433
(542)
39 (109)
(287)
(257) (235) (234) (214) (192) (152) (122)
(16) (592) (621) (230) (73)
(18)
1,376 (402) (1,122) (383) (334) (336)
(230)
121
1,347 1,030
(845)
93%
(558)
164
271
(127) (152)
916
(787) (1,010)
2015
801
2014
(94)
(102)
(196) (522)
(89)
2013 2012
567
817
38%
581
438
789
94% 97% 96%
(537) (518) (434) (317)
99%
163
151
144
93
(76)
(90) (111)
607
34%
346
201
(650) (399)
(939)
(1)
(139) (87)
(4)
(25)
(78)
(383) (163) (53)
(250) (131)
(99) (65) (32)
(34) (34) (16) (6)
(655) (349) (179) (85)
2011
444
30%
103
(216)
(5)
(20)
(35) (55)
(55) 29
(24) (23)
(19)
84
6
2010
409
30%
319
426
604
104% 101%
(69)
49
(395)
154
(107)
(87)
(13)
306
(1)
305
(21)
2009
284
597
33%
256
(16)
240
175
415
(22)
(30)
363
2008
730
35%
271
2007 2006
715
607
98% 102%
(464) (469)
186 150
(166) (132)
593
35%
(242)
(19)
10
156
399
35%
385
96%
(296)
90
(74)
105
(120)
(111)
(131) (35)
(95)
(41)
(12) (622)
(77)
(2) (717)
(118)
(21) (14)
(4)
(48)
275
(71)
(456)
117
2005
316
32%
307
97%
(188)
67
(58)
128
(19)
(10)
99
1
100
(5)
Ashtead
group
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