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Ashtead continues to clean up

By Chris Bailey of Financial Orbit | Tuesday 12 September 2017


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


I have got to credit the management of industrial/construction rental machinery Ashtead (AHT) for their sensitive words about the hurricanes that have battered some of the American southern states in September.  Clearly this is not a time for anything other than expressing sympathy for those impacted but - with a commercial hat on - over the balance of this year and throughout 2018 I would imagine a business renting industrial and construction machinery is going to have a bunch of opportunities.  That's for the future though and today's first quarter results continue the excellent progress I noted when i last wrote about the stock three months ago here 

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