Ashtead Group PLC (LSE:AHT)
£ 59.62 0.38 (0.64%) Market Cap: 26.02 Bil Enterprise Value: 34.91 Bil PE Ratio: 20.16 PB Ratio: 4.77 GF Score: 93/100

Q3 2020 Ashtead Group PLC Earnings Call (Bondholders) Transcript

Mar 03, 2020 / 03:00PM GMT
Release Date Price: £24.08 (+0.04%)
Operator

Hello and welcome to the Ashtead Group plc Q3 Results Bondholder Call. (Operator Instructions) And just to remind you, this conference call is being recorded. Today, I'm pleased to present Michael Pratt, Finance Director. Please go ahead with your meeting.

Michael Richard Pratt
Ashtead Group plc - Group Finance Director, Group Treasurer & Director

Thank you. Good afternoon, everyone. With me today are Brendan Horgan, Chief Executive; and Will Shaw, our Director of Investor Relations. The webcast of our earlier analyst meeting and the related slide presentation are available on our website, and I will refer to the slides during our call. So I'll begin by commenting on some of the highlights from the release in the event you missed the webcast, and then open the call for questions.

As an overview, it's been another good performance in the quarter. Our North American markets remain supportive, and we've continued our strategy of growth through greenfield openings and bolt-ons supplementing our same-store growth. The group's results for the 9 months

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