Ashtead Group H1 revenue increased 18 percentStaff writer ▼ | December 10, 2015
Ashtead Group has posted a positive start to the year, with first half ended October 31 revenue growth of 18% driven by a strong second quarter.
Ashtead Group Underlying revenue for the quarter grew 17%
That led to a first half pre-tax profit of £342.7m, up 21% on 2014's £265.5m and will pay a 4p per share interim dividend.
The company also increased its capital invested in the business from £588m to £696m, and saw a 19% return on investment. ■