UK's Ashtead proposes move to U.S. listing; warns on profit
Published by Global Banking & Finance Review®
Posted on December 10, 2024
1 min readLast updated: January 27, 2026

Published by Global Banking & Finance Review®
Posted on December 10, 2024
1 min readLast updated: January 27, 2026

Ashtead, a UK equipment rental firm, plans to move its primary listing to the US, its largest market, and warns that annual profits may fall short of expectations.
(Reuters) - UK equipment rental firm Ashtead would shift its primary listing to the United States, its biggest market, from London, and said on Tuesday it expects annual profit to come in below its previous expectations.
(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Sumana Nandy)
The main topic is Ashtead's proposal to move its primary listing from London to the US and its profit warning.
Ashtead is moving its listing to the US because it is the company's largest market, reflecting a strategic focus.
Ashtead warned that its annual profits are expected to be below previous expectations.
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