Ahern Rentals total revenue up 29 percent from 2006
| June 17, 2008 |
Ahern Rentals posted a 23.8-percent rental volume increase in 2007 up $56.5 million from the previous year for a rental revenue total of $293.4 million. Ahern’s total revenue also swelled to $342.6 million for 2007, up $76.5 million from 2006.
Increased revenues for the company have resulted in an increased rental fleet for Ahern Rentals, whose fleet is now estimated to be worth $639 million compared to its’ previously estimated worth of $474 million in 2006.
Ahern expects their first-quarter capital expenditure to be slightly less than the 2007 mark with that trend continuing for the year. Ahern also plans to open two or three new stores in 2008.
From our partners
Precision Pipeline is an excavating contractor based in Utah and known for doing high-quality, competitively priced work. Although business is…