Sunbelt Rentals Report Strong Q3 Results

March 6, 2015

Sunbelt Rentals posted $680 million in revenue, compared to $551 million for the same period last year, a 23-percent increase.

Including A-Plant, the U.K. rental company also owned by parent company Ashtead plc, the company posted £513 million (about U.S. $788.6 million) compared to £400 million a year ago, a 28-percent year-over-year hike. The fiscal third quarter ended Jan. 31.

For the first nine months of the fiscal year, Sunbelt had $2.047 billion in revenue, compared to $1.658 billion a year ago, a 23.5-percent jump. EBITDA for the nine-month period was $983.3 million, compared to $755.2 million in the year-ago period, a 30.2-percent increase.

For the last 12 months, Sunbelt posted $2.578 million in revenue, compared to $2.110 for the previous year, a 22-percent increase.

Read more on RER Magazine.