ASHTEAD TECHNOLOGY HOLDINGS PLC ORD GBP0.05
Symbol: AT.
Streaming is not available when market closed. Some prices may be as at close of business from the previous working day.
Whilst we endeavour to price investments on a real-time streaming or 15 min delayed basis, some prices may be as at close of business from the previous working day.
Invest in this share within an ISA, JISA, SIPP or Investment Account
Charts
Company
Business Summary
Ashtead Technology Holdings PLC is a subsea equipment rental and solutions provider for the global offshore energy sector. Its geographical segments include Europe, Americas, Asia-Pacific and Middle East. Through its three service lines: Survey & Robotics, Mechanical Solutions and Asset Integrity, it supports the installation, inspection, maintenance & repair (IMR), and decommissioning of offshore energy infrastructure. It provides specialist and engineering support in all areas of asset integrity, including design, construction and installation, mechanical integrity, life of field inspection and maintenance, and risk analysis. Its suite of mechanical solutions includes subsea coating removal and cleaning, cutting and dredging services, and a range of remotely operated vehicle and diver tooling, topside support and additional project support packages. Its survey and robotics solutions include environmental, geophysical, geospatial, hydrographic and metocean surveys and others.
Financial Summary
BRIEF: For the six months ended 30 June 2024, Ashtead Technology Holdings PLC revenues increased 61% to £80.5M. Net income increased 28% to £13.4M. Revenues reflect Europe segment increase of 71% to £56M, Americas segment increase of 40% to £12.3M, Europe segment increase of 71% to £56M, Americas segment increase of 40% to £12.3M. Net income was partially offset by Selling/General/Admin Expense increase of 69% to £41.2M (expense).
Financials
Income Statement - All values are in GBP (M).
Year Ending |
31/12/2024 |
31/12/2023 |
31/12/2022 |
31/12/2021 |
30/06/2021 |
31/12/2020 |
---|---|---|---|---|---|---|
Total Revenue | 168.04 | 110.47 | 73.12 | 55.81 | 47.78 | 47.78 |
Gross profit | 129.42 | 86.30 | 54.29 | 40.54 | 35.87 | 35.87 |
Operating Profit/Loss | 42.79 | 31.21 | 18.07 | 7.61 | 8.75 | 8.75 |
Profit Before Tax | 36.06 | 27.49 | 16.63 | 3.59 | 5.45 | 5.45 |
Profit After Tax | 28.78 | 21.58 | 12.67 | 2.53 | 5.04 | 5.04 |
Equity Holders of Parent Company | 28.78 | 21.58 | 12.67 | 2.53 | 5.04 | 5.04 |
Minority Interest | NIL | NIL | NIL | NIL | NIL | NIL |
Balance Sheet - All values are in GBP (M).
Year Ending |
31/12/2024 |
31/12/2023 |
31/12/2022 |
31/12/2021 |
30/06/2021 |
31/12/2020 |
---|---|---|---|---|---|---|
Total Non-Current Assets | 237.36 | 166.79 | 106.46 | 75.18 | 83.96 | 83.96 |
Total Current Assets | 76.24 | 46.90 | 30.36 | 23.86 | 22.82 | 22.82 |
Total Assets | 313.60 | 213.69 | 136.82 | 99.04 | 106.78 | 106.78 |
Total Liabilities | 186.28 | 116.11 | 61.02 | 37.90 | 60.63 | 60.63 |
Total Net Assets | 127.33 | 97.59 | 75.80 | 61.13 | 46.15 | 46.15 |
Shareholders Funds | 127.33 | 97.59 | 75.80 | 61.13 | 46.15 | 46.15 |
Minority Interests | NIL | NIL | NIL | NIL | NIL | NIL |
Total Equity | 127.33 | 97.59 | 75.80 | 61.13 | 46.15 | 46.15 |
Outlook
Upgrades & Downgrades (Latest)
Date | Broker | Recommendation | Price | Old Target | New Target | Change |
---|---|---|---|---|---|---|
30th Apr 2025 | Berenberg Bank | Reiteration | 497p | 0p | 800p | Buy |
24th Oct 2024 | Berenberg Bank | Reiteration | 589p | 775p | 800p | Buy |
19th Sep 2024 | Berenberg Bank | Reiteration | 628p | 0p | 775p | Buy |
3rd Sep 2024 | Deutsche | Upgrade | 650p | 835p | 860p | Buy |
2nd Sep 2024 | Berenberg Bank | Reiteration | 680p | 0p | 775p | Buy |
16th Apr 2024 | Berenberg Bank | Reiteration | 687p | 700p | 775p | Buy |
15th Dec 2023 | Berenberg Bank | Reiteration | 610p | 0p | 700p | Buy |
Time & Sales
All prices are in GBX and times are in GMT. Last 20 trades shown. Trade type is estimated and should be treated as indicative only.
Date | Time | Price | Volume | Type |
---|---|---|---|---|
21 May 2025 | 16:28 | 454.5 | 26 | Sell |
21 May 2025 | 16:28 | 454.5 | 162 | Sell |
21 May 2025 | 16:28 | 454.5 | 187 | Sell |
21 May 2025 | 16:28 | 454.5 | 674 | Sell |
21 May 2025 | 16:27 | 456 | 50 | Buy |
21 May 2025 | 16:27 | 456 | 1 | Buy |
21 May 2025 | 16:27 | 456 | 8 | Buy |
21 May 2025 | 16:27 | 456 | 41 | Buy |
21 May 2025 | 16:27 | 456 | 82 | Buy |
21 May 2025 | 16:27 | 456 | 18 | Buy |
21 May 2025 | 16:27 | 456 | 76 | Buy |
21 May 2025 | 16:27 | 456 | 40 | Buy |
21 May 2025 | 16:27 | 456 | 31 | Buy |
21 May 2025 | 16:27 | 456 | 161 | Buy |
21 May 2025 | 16:27 | 456 | 98 | Buy |
21 May 2025 | 16:27 | 456 | 72 | Buy |
21 May 2025 | 16:27 | 455.5 | 190 | Sell |
21 May 2025 | 16:27 | 455 | 213 | Sell |
21 May 2025 | 16:27 | 455 | 637 | Sell |
21 May 2025 | 16:27 | 455 | 190 | Sell |
Selected data supplied by Thomson Reuters © View restrictions.