In today’s briefing:
- AHT LN – Why This Capital-Efficient Powerhouse Is Pushing Hard For Specialty and Mega Projects?
- FERG LN: Will Its Adapting to Market Dynamics & Deflationary Pressures Support Sustainable Margin…
AHT LN – Why This Capital-Efficient Powerhouse Is Pushing Hard For Specialty and Mega Projects?
- Ashtead Group plc reported a solid set of third-quarter results marked by a stable performance amid varying market conditions.
- The company experienced a 5% year-on-year increase in both group and U.S. rental revenues, with total revenues remaining flat due to anticipated lower used equipment sales.
- The company achieved a record EBITDA of $3.9 billion and a profit before tax (PBT) of $1.7 billion.
FERG LN: Will Its Adapting to Market Dynamics & Deflationary Pressures Support Sustainable Margin…
- Ferguson plc’s latest financial results present a mixed picture, reflecting both strategic progress and ongoing challenges.
- The company reported a 3% increase in net sales to $6.9 billion for the second quarter, despite contending with 2% commodity-led deflation.
- Organic revenue contributed 2.1%, with an additional 1.2% growth from acquisitions.
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