Tag: Herc Holdings

Dealers

Herc Holdings cuts capex by 46% in 2020 amid 3Q revenue decline

Herc Holdings, parent of HercRentals, reports a 12 percent decrease in rental revenues during the third quarter and a 10 percent decrease in total revenues. Equipment rental revenues for the quarter were $402.3 million compared to $459.6 million during the same period last year. Total revenues decreased from $508.1 million last year to $456.7 million […]

October 23, 2020

Dealers

Herc Rentals parent: 2.4% rental revenue increase over 1Q 2019

Herc Holdings, parent of Herc Rentals, reported a 2.4 percent increase in rental revenues during 1Q 2020 compared to the same period last year. Total revenues told a different story, however, down 9 percent for the same quarter year-over-year ($437.2 million compared with $475.7 million in the prior year). Although equipment rental revenues in 1Q […]

April 24, 2020

Dealers

Herc Holdings sells Hertz China to LiuGong in move to concentrate on North American market

Herc Holdings has sold all of its interest in Hertz Equipment Rental (also known as Hertz China) to Guangxi LiuGong Machinery, a move it says will help it focus on the North American market. Pending approval of government authorities in China, the deal is expected to close in 60 days. “The sale of our business […]

March 2, 2020

Dealers

HercRentals parent reports 2.4% increase in 3Q rental revenues

Herc Holdings, parent of HercRentals, says its 3Q equipment rental revenues increased 2.4 percent to $459.6 million, compared to $449 million in the same period last  year. Total revenues decreased 1.6 percent to $508.1 million, compared to $516.2 million in 3Q 2018. Although the company says it had strong year-over-year pricing and mix, these gains […]

October 30, 2019

Dealers

Herc Rentals posts strong 1Q with 10.3% revenue gain

In the first quarter of 2019, equipment rental revenue for Herc Rentals rose 2.3% to $377.6 million and total revenue rose 10.3% to $475.7 million.

May 6, 2019

Dealers

Herc rental revenue up 10% in 2018

Herc Holdings has officially released its 2018 earnings, reporting significant increases in rental revenue as well as total revenue. Details on Equipment World.

March 5, 2019

Dealers

HercRentals posts 8.7% 3Q increase in equipment rental revenues, 12.8% growth in total revenues

Herc Holdings says equipment rental revenues grew by 8.7% in the third quarter of 2018 and total revenues grew by 12.8% compared to last year. Learn more here.

November 9, 2018

Dealers

Herc equipment rental revenues, machine sales up in 2Q as age of fleet falls

Herc Rentals has posted strong second quarter results, with swift growth in equipment sales & equipment rentals. Dig into all the details here!

August 8, 2018

Dealers

Business Roundup: Crane maker Comansa drops Linden from name; Former Neff exec new VP, CFO at Herc; BlueLine Rental takes first steps toward launching IPO; Eaton launches eMobility business; Takeuchi names new director of dealer sales

Tower crane manufacturer Comansa drops Linden from its company name Tower crane manufacturer Linden Comansa says it is in the process of dropping “Linden” from its name and returning to its original name, Comansa, for which its widely known on the market. After many years using the Linden Comansa brand name, the change will be […]

July 2, 2018

Dealers

Former Neff exec Irion is new senior VP, CFO of Herc Holdings

Herc Holdings announced today that it has appointed Mark Irion as senior vice president and chief financial officer. Read more on this at Equipment World.

June 29, 2018

Dealers

Herc Rentals sees 16% jump in equipment revenue in 4Q

Reflecting double-digit growth across all regions, Herc Holdings is reporting a 16.2-percent jump in equipment rental revenue for the fourth quarter of 2017, compared to FY16. Equipment rental revenue climbed to $414.5 million in the fourth quarter of 2017 – up from $356.7 million. Total revenues were $491.7 million in the fourth quarter of 2017, […]

March 2, 2018

Dealers

Business Roundup: JCB wins AEM award; AGCO sales jump; Engcon establishes U.S. HQ; Danfoss acquires Visedo; Vandalia Rental opens Cincinnati branch

JCB honored with AEM’s Pillar of the Industry award JCB received the “Pillar of the Industry” award from the Association of Equipment Manufacturers (AEM) in recognition of its work to improve the business environment for the equipment manufacturing industry, its efforts to advocate for pro-manufacturing solutions, and its participation in AEM’s “I Make America” grassroots […]

November 14, 2017