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Tag: Sunbelt
Dealers
Continuing its run, Sunbelt US posts 19% surge in equipment rental
Sunbelt’s nine‑month results in the U.S. rental and related revenue have once again surged, now by 19 percent, as Sunbelt continues to benefit from generally strong end markets and to a lesser degree, the impact of hurricane clean-up efforts. Geoff Drabble, CEO of Sunbelt’s parent company, Ashstead Group, says overall, rental revenue is up 18 […]
March 7, 2019
Dealers
Expanding into specialty market, Sunbelt Rentals buys Underground Safety Equipment
Sunbelt Rentals' recent acquisition of Underground Safety Equipment will expand the company into the safety equipment market. Details on Equipment World.
January 2, 2019
Dealers
Sunbelt Rentals parent Ashtead reports 21% jump in rental revenue, 62 new U.S. stores
Sunbelt U.S.'s revenue growth demonstrates the successful execution of the company's long-term structural growth strategy. More here on Equipment World.
June 27, 2018
Dealers
Worldwide construction equipment rental market to reach $75.2 billion by 2024
Global Market Insights is estimating construction equipment rental market worldwide could reach 75.2 billion in revenue by 2024, with the U.S. share of the market reaching $23 billion. “The practice of leasing instead of purchasing heavy machinery has proven to be beneficial for companies of all sizes across numerous industries,” the company states in its […]
January 24, 2017
Business
Sunbelt Rentals posts 21% revenue gain for FY Q1-Q3
Sunbelt Rentals has reported $1.368 billion in total revenue for the first three quarters of fiscal 2013 through January 31, up 21 percent from $1.130 billion for the previous year’s first nine months, Rental Equipment Register (RER) reported. EBITDA for the nine-month period was $571.5 million, an increase of 37 percent from $416.5 million for […]
March 8, 2013
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