Ashtead Technology Holdings Plc provided earnings guidance for the first half of 2022. The Group has made an excellent start to the year as the industry benefits from an increased focus on energy transition and energy security which continues to drive utilisation and pricing. Revenues for the seasonally weaker first half of 2022 are expected to be no less than £31 million, representing growth of at least 25% on the first half of 2021, which was still impacted by the Covid pandemic.

The EBITA margin for the period is expected to be higher than the prior year and in line with the Board's expectations.