Strongest ever results for Ashtead Technology, amid strong market
Offshore renewables were up 74.1% to £16.3 million, from £9.4mn in the previous period. Offshore oil and gas revenues were up 50% at £33.5mn.
Allan Pirie
Profits leap 34% in ‘very successful year’ for Ashtead Technology
Revenues for oil and gas and offshore wind have jumped for the Aberdeenshire-based, AIM-listed subsea firm.
Ashtead acquires Aberdeenshire offshore equipment rental firm Hiretech for £20m
Aberdeenshire-based Ashtead Technology (AIM: AT) has continued its acquisition spree, beefing up its mechanical solutions service offering.
Ashtead posts first half-year results since IPO, announces acquisition of WeSubsea for £5.6m
Ashtead Technology (AIM: AT) has reported a huge bump in takings in its first half-year results since the company’s IPO in November last year.
Ashtead Technology predicts 25% bump in revenues
Aberdeenshire-based Ashtead Technology (AIM: AT.) has predicted a 25% year-on-year bump in revenues for the first half of 2022.
Ashtead raises expectations of better profits in maiden results since IPO
Westhill-based Ashtead Technology has lifted its profit expectations for the year as demand – and prices – of its rental equipment has grown in both the offshore wind and oil and gas sectors.
Ashtead Technology forecasting full year revenue increase of 30%
Ashtead Technology is forecasting a buoyant balance sheet after a “strong performance” in 2021.
Updated: Ashtead Technology reaches nearly £130million valuation through IPO
Ashtead Technology has reached a market valuation of nearly £130million from its initial public offering (IPO).
Ashtead Technology still on the acquisition trail
Global subsea equipment specialist Ashtead Technology is still on the acquisition trail after a flurry of deals since it changed hands three years ago.