Ashstead increases it's 2019 full-year dividend by 21%

DividendMax Ltd.

Ashstead increases it's 2019 full-year dividend by 21%

Ashstead 2019 full-year results

Revenue up 19%; rental revenue up 18%

Pre-tax profit of £1,110m (2018: £927m)

Earnings per share up 33% to 174.2p (2018: 127.5p)

Post-tax profit of £797m (2018: £969m)

£1.6bn of capital invested in the business (2018: £1.2bn)

£622m spent on bolt-on acquisitions (2018: £392m)

Net debt to EBITDA leverage of 1.8 times (2018: 1.6 times)

 Proposed final dividend of 33.5p, making 40.0p for the full year, up 21% (2018: 33.0p)

Companies mentioned