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
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Q2 2022 Ashtead Group PLC Earnings Call (Bondholders) Transcript

Dec 07, 2021 / 03:00PM GMT
Release Date Price: £64.42 (+3.94%)
Brendan Horgan
Ashtead Group plc - CEO & Executive Director

Thank you, operator, and good morning and a very early morning. I'm sure for some of you listening in, but welcome to the Ashtead Group first half results call. I'm speaking from our field support office in South Carolina and joining on the line from London are Michael Pratt and Will Shaw.

Before getting into the half year highlights, I'll take this opportunity to speak directly to our Sunbelt team. who are listening in live or via replay at some later time. I'm incredibly happy and proud to announce another period of record safety performance across the group. Our total recordable incident rate again improved and remains below 1. Results like these are required for world-class operations in a business like ours. We think of lagging metrics such as TRIR, as table stakes. As such, I'm even more proud of our team's focus on the leading metrics, which will truly drive results in the lagging measures.

In particular, the position the Sunbelt team has taken to eliminate exposures that could lead to serious injuries or even

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