London · Delayed Price · Currency is GBP · Price in GBX Ashtead Technology Holdings Earnings Call Transcripts
Fiscal Year 2026
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Revenue grew 1.1% year-over-year to GBP 100.2 million, with adjusted EBITA margin at 25% and leverage at 1.4x. Despite short-term headwinds from Middle East conflict and project delays, long-term growth is underpinned by strong market fundamentals, strategic investments, and multi-year customer backlogs.
Fiscal Year 2025
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Revenue rose 21% year-over-year to £203 million, with strong EBITDA margin and EPS growth. Strategic acquisitions and innovation drove performance, while robust cash flow reduced leverage. Long-term growth is supported by a record backlog and favorable market outlook.
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Revenue grew 23% year-on-year to £99.1 million, with adjusted EBITDA up 20% and strong margins. Despite market headwinds and U.S. wind uncertainty, operational synergies from recent acquisitions and robust customer backlogs support a positive outlook for H2 and beyond.
Fiscal Year 2024
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Revenue surged 52% to £168 million in 2024, with 14% organic growth and a 29.9% EBITDA margin. Strong M&A activity, record customer backlogs, and robust market outlook support continued double-digit growth and margin resilience.