PR Newswire
LONDON, United Kingdom, February 16
16 February 2026
Ashtead Group plc
Announcement of Q3 Results
Ashtead Group plc announces that Sunbelt Rentals Holdings Inc will release its
third quarter results for the period ended January 31, 2026, on March 12, 2026.
As previously announced, Sunbelt Rentals Holdings Inc will become the holding
company of Ashtead Group on February 27, 2026 and the common stock will start
trading on the New York Stock Exchange on March 2, 2026 under the ticker symbol
«SUNB». The Group will also retain a secondary listing on the London Stock
Exchange.
A live webcast of the analyst and investor presentation will be broadcast from
8:30am ET / 12:30pm GMT via the investor relations pages on the Sunbelt Rentals’
website.
As part of preparations for the move of the primary listing to the New York
Stock Exchange, management has identified a non-material misclassification in
the unaudited balance sheet contained in the results as of and for the half year
and second quarter ended 31 October 2025. There is no impact on the Group’s net
assets, profit or cash flows. The 1.500% senior notes maturing in August 2026
were, notwithstanding disclosure of the correct maturity date, incorrectly
classified as a non-current liability (within long-term borrowings) on the
consolidated balance sheet at 31 October 2025. Had this debt been classified
correctly as a current liability at that time, total current liabilities would
have been $549.2 million higher and non-current liabilities would have been
$549.2 million lower. This adjustment has no impact on the non-IFRS measure of
net debt, which is calculated by reference to total borrowings.
Further enquiries:
Ashtead Group plc
Will Shaw / Kevin Powers – 0207 726 9700
H/Advisors Maitland
Sam Cartwright – 0207 379 5151
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