June 19, 2018 / 6:16 AM / a month ago

UK's Ashtead posts 17 pct rise in FY underlying pretax profit

June 19 (Reuters) - Ashtead Group Plc, which rents out industrial equipment, reported a 17 percent rise in full-year underlying pretax profit on Tuesday, helped by growth in the core North America region.

The company said underlying pretax profit rose to 927.3 million pounds ($1.23 billion) from 793.4 million pounds, for the year ended April 30 on a constant currency basis.

Underlying rental revenue rose 21 percent to 3.42 billion pounds on constant currencies. ($1 = 0.7547 pounds) (Reporting by Shashwat Awasthi in Bengaluru; Editing by Amrutha Gayathri)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below