General presentation of Ashtead
To advance further in your understanding of the essential elements for your analysis of the Ashtead share price we now offer you the opportunity to learn about this company and how it generates its income so you can understand its growth possibilities in the medium and long term future.
The Ashtead Group is a British company that exercises its activities in the equipment rental sector. More precisely, this company is specialised in the rental of industrial and construction equipment.
To better understand the activities exercised by the Ashtead Group it is possible to divide them into different sectors, according to the turnover generated by each and in what way:
- Firstly, as briefly stated, it is of course the industrial and construction equipment rental activities of this company that generate the most turnover, 92% to be exact.
- However the group also exercises other activities such as the sale of used equipment which provides 3.8% of its turnover.
- Finally, the group also sells new equipment which provides 3.8% of its turnover.
It is also advantageous to know the geographical distribution of this group’s revenue. In fact, Ashtead only achieves 10.6% of its turnover in the United Kingdom. The United States is its major market providing 85% of its turnover and it achieves the remaining 4.4% in Canada.