Ashtead’s success in the US has made its shares a fantastic long-term investment. And strong fundamental support for non-residential construction means that its growth story probably has some way to run.
The business
Ashtead is a leading equipment rental supplier in the UK, US and Canada. It primarily sells to customers in the non-residential construction market. These customers can rent a large range of equipment and tools for construction projects without the cost and hassle of owning and managing large fleets themselves.