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ashtead

  • UK company interest payments skyrocket as rate hikes eat into profits

    July 1, 2024

    UK company interest costs have skyrocketed almost 30 per cent as higher interest rates and rising debt ate into the profits of British businesses.

  • Aston Martin supplier Surface Transforms delays results again amid share price woes

    June 18, 2024

    Surface Transforms said it anticipates full-year results will finally be published in late June 2024, having previously been expected in mid-April.

  • Ashtead shares dip on cautious sales outlook as rumours swirl on London exit

    June 18, 2024

    Ashtead has reported record full-year revenue and profit as rumours swirl over a move to New York from London.

  • The threat of a listing exodus must spur on bolder risk-taking

    June 11, 2024

    Just as the arrival of Shein onto London’s equity markets, and the Raspberry Pi float, are more indicative of individual company circumstances than a wider trend, so too would be Ashtead’s departure from London – if they choose to move ahead with it. This is a company after all which, though listed in the capital, [...]

  • Ashtead: FTSE 100 giant’s potential New York switch raises more questions for London

    June 10, 2024

    Analysts have warned that FTSE 100 giant Ashtead's potential switch to New York's stock market could strip London of one of its best-performing names, once again raising questions over its status as a trading venue for US-focused firms.

  • Ashtead: FTSE giant worth £24bn mulls switching listing to New York

    June 9, 2024

    A FTSE 100 giant worth more than £24bn is reportedly exploring switching its stock market listing from London to New York in what would be a major blow to the capital's beleaguered bourse.

  • Hollywood writers’ strike and higher financing costs hit Ashtead’s profits

    March 5, 2024

    The firm said growth in North America was affected by the lower level of emergency response activity related to natural disasters

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