The Ashtead Group Board has increased their interim dividend 28% to 12.5¢ per share (2020: 9.76¢ per share).
Other financial highlights include:
Record first half performance with clear momentum across the business
Revenue up 18%; rental revenue up 20%.
Good progress across all Sunbelt 3.0 actionable components
58 locations added in North America
$1.2bn of capital invested in the business (2020: $438m)
$428m spent on bolt-on acquisitions (2020: $nil) and a further $320m in Q3
Net debt to EBITDA leverage of 1.5 times (2020: 1.7 times)