Ashtead Group Plc - Company Profile
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Ashtead Group Plc (Ashtead) is a provider of equipment rental services. Wide range of product offerings, a strong fleet, and diverse end markets are the company’s key strengths, even as financial performance remains a cause for concern. Acquisition of R N L Rental Network and Hawkeye Equipment Rentals, increasing demand for energy, and positive outlook for the equipment rental market in North America and Canada could provide new opportunities for the company. However, intense competition, stringent regulations, and labor cost in the UK could affect the company’s performance.
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