Annual report and accounts 2025
Building on Excellence
We are world leading subsea technology solutions provider, providing an unparalleled understanding of the subsea environment, enabling our customers to manage energy production infrastructure. Harnessing our global services platform, we provide leading technical expertise and technologies to support the installation, inspection, repair, maintenance and decommissioning of subsea energy infrastructure worldwide.
Financial highlights
2025 was a year of continued strategic progress for Ashtead Technology as we maintained a sharp focus on quality of earnings and operational execution, meeting the critical needs of customers globally with our industry-leading solutions.
Chairman’s statement
“Since our IPO in 2021 we have increased our basic earnings per share by 2.5x and through financial discipline, prudent capital allocation, and strong execution performance, leverage was reduced to 1.3x at year-end.”
CEO statement
“2025 was a year of continued strategic progress for Ashtead Technology as we maintained a sharp focus on quality of earnings and operational execution, meeting the critical needs of customer globally with our industry-leading solutions.”
CFO report
“Strong, resilient margins and an excellent returns performance were underpinned by both solid operational execution and the continued mix-shift of revenues owing to a disciplined focus on quality.”
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.