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Ashtead shrugs off slowdown concerns

Despite fears of a cooling global economy, the equipment hire specialist continued to grow in the first quarter of 2019
September 11, 2019

With the North American Sunbelt business continuing to drive growth in the first quarter, equipment hire specialist Ashtead (AHT) has seen rental revenue increase by 16 per cent at constant currencies to £1.16bn. The UK remains the weakest market with flat rental revenue reflecting a 3 per cent reduction in fleet on rent offset by an improved product mix.

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