Ashtead Group PLC (OTCPK:ASHTY)
$ 332.7 -5.25 (-1.55%) Market Cap: 35.64 Bil Enterprise Value: 46.39 Bil PE Ratio: 23.50 PB Ratio: 4.87 GF Score: 95/100

Q2 2020 Ashtead Group PLC Earnings Call (Bondholders) Transcript

Dec 10, 2019 / 04:30PM GMT
Release Date Price: $116.92 (-6.11%)
Operator

Hello, and welcome to the Ashtead Group Second Quarter Bondholder Call. (Operator Instructions) Just to remind you, this conference call is being recorded.

Today, I am pleased to present Michael Pratt, Finance Director. Please begin your meeting.

Michael Richard Pratt
Ashtead Group plc - Group Finance Director, Group Treasurer & Director

Good afternoon. With me today is Brendan Horgan, our Chief Executive; and Will Shaw, our Director of Investor Relations.

The webcast of our earlier analyst meeting and the related slide presentation are available on our website. I'll refer to the slides during our call. So I'll begin by showing some financial highlights from the release in the event you missed the webcast, and then open the call for your questions.

As an overview, it's been a strong performance. Our North American end markets continue to show strength, and we've continued our strategy of growth through greenfield opening and bolt-ons, supplementing our same-store growth.

The group's results for the half year are shown

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