A strong platform for future growth
Ashtead Technology has built a strong track record supporting a global blue-chip customer based in the offshore energy sector. We work with existing and new customers as they focus on energy transition, both in offshore wind and in the decommissioning of oil and gas infrastructure.
Financial highlights
The Group delivered another strong financial performance in 2023, generating a 51% revenue increase on 2022. We continued to invest in our people and equipment, situating us well to deliver on our plan for growth and value creation.
Chairman’s statement
“Ashtead Technology has once again demonstrated its track record of delivering robust financial performance with compounding earnings per share growth.”
CEO statement
“Reflecting on the strong financial performance in 2024, the record backlogs being reported by our customers and the strong growth fundamentals in our core markets, we see opportunities for both continued organic growth and strategic M&A activity and are confident in our ongoing positive momentum.”
CFO report
“Ashtead Technology has delivered another robust financial performance through 2024, continuing to grow its revenue, operating profit and earnings through both organic and inorganic investment.”
Our strategy
Sustainability
As a critical supplier to the offshore energy industry, we are committed to supporting the energy transition, whilst continuously improving the sustainability performance of our business.