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Ashtead shares slump as FY profit, revenue outlook cut on weak US

Published by Frank Prenesti on 20th November 2023

(Sharecast News) - Shares in Ashtead slumped on Monday as the industrial equipment company lowered full year revenue and profit forecasts after a quieter hurricane season and the writers' and actors' strike in the US and revealed it would take a $2bn depreciation charge.

URL: http://www.digitallook.com/dl/news/story/33917165/...

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