Ashtead Group

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Ashtead Group plc
TypePublic limited company
LSE: AHT
FTSE 100 Component
ISINGB0000536739
IndustryPlant hire
Founded1947; 74 years ago (1947)
HeadquartersLondon, England, UK
Key people
RevenueIncrease £4,606.5 million (2020)[1]
Increase £1,285.3 million (2020)[1]
Decrease £739.7 million (2020)[1]
Number of employees
13,233 (2021)[2]
Websitewww.ashtead-group.com

Ashtead Group plc is a British industrial equipment rental company based in London, England. It is listed on the London Stock Exchange, and is a constituent of the FTSE 100 Index.[3]

History[]

Ashtead was founded in 1947, in the village of Ashtead, Surrey, as Ashtead Plant and Tool Hire.[4] In 1986, it was first listed on the London Stock Exchange.[4]

In November 2018, it was announced that Geoff Drabble would retire as CEO after twelve years on 1 May 2019, and would be succeeded by Brendan Horgan, the Group COO and chief executive of Sunbelt Rentals, Ashtead's North American business.[5]

Operations[]

The company operates internationally, servicing customers in Canada, the United States and the United Kingdom.[6] Approximately 85% of its revenue is generated in the United States through the subsidiary Sunbelt Rentals, currently present in six hundred locations across the United States and Canada.[6]

British operations[]

Sunbelt Rentals, formerly known as A-Plant, is present in over 185 locations throughout the United Kingdom, and has the following divisions:[6]

  • A-Plant, Plant
  • A-Plant, Accommodation
  • Astra Site Services, Excavator Attachments
  • Brightlights
  • FLG Services, Lifting and Handling Specialists
  • Hoist-It LTD
  • GB Access
  • Hewden Industrial, equipment hire to the petrochemical industry
  • Leada Acrow
  • Live Trakway
  • Mather+Stuart Power Solutions
  • PSS Hire
  • Rapid Climate Control
  • Tool Hire Express
  • A-Plant, Powered Access
  • A-Plant Customer Training Solutions
  • A-Plant, Rail
  • A-Plant, Lux Traffic Systems
  • Opti-cal Survey Equipment (Survey Hire Express)

References[]

  1. ^ Jump up to: a b c "Annual Results 2020" (PDF). Ashtead Group. Retrieved 24 February 2020.
  2. ^ "At a glance - Ashstead Group". Ashtead Group. Retrieved 24 February 2021.
  3. ^ "Two Companies To Join FTSE 100 Index". mondovisione.com. Retrieved 16 April 2020.
  4. ^ Jump up to: a b "Our history". Ashtead Group. Retrieved 15 March 2015.
  5. ^ Pollok, Murray (30 November 2018). "Drabble to retire from Ashtead in 2019". KHL. Retrieved 5 October 2019.
  6. ^ Jump up to: a b c "AHT Profile & Executives - Ashtead Group PLC". Bloomberg. Retrieved 15 March 2015.

External links[]

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