Ashtead Group PLC (LSE:AHT)
£ 62.84 -0.02 (-0.03%) Market Cap: 27.45 Bil Enterprise Value: 35.78 Bil PE Ratio: 22.26 PB Ratio: 4.78 GF Score: 93/100

Q1 2024 Ashtead Group PLC Earnings Call Transcript

Sep 05, 2023 / 08:00AM GMT
Release Date Price: £53.1 (-2.89%)
Operator

Good morning, and welcome to the Ashtead Group plc Q1 Analyst Call. I'd now like to hand the call over to your host today, Mr. Brendan Horgan, CEO. Please go ahead, sir.

Brendan Horgan
Ashtead Group plc - CEO & Executive Director

Thank you, and good morning, everyone, and welcome to the Ashtead Group Q1 results presentation. I'm speaking this morning from our London office, where I'm joined as usual by Michael Pratt and Will Shaw. Today's update will cover the ongoing strength in our performance through strong revenue growth and strong drop-through to profits. We continue to deliver on each of the 5 actionable components of our strategic growth plan, Sunbelt 3.0, the results of which will demonstrate strong momentum and leave us poised to realize further revenue and profit growth throughout the final year of 3.0 and beyond.

Before we get into the detail on the quarter and our latest outlook, and end market views, I'll begin by thanking our Sunbelt team members throughout the business for their ongoing progression of our safety culture. Our

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