MAKING IT HAPPEN - Ashtead Group

Ashtead Group PLC Annual Report & Accounts 2017 MAKING IT HAPPENA nnual Report & Accounts 2017At Ashtead we provide our customers with more than just equipment rental. We provide solutions. From multinational businesses to individual do-it-yourselfers our experts are dedicated to delivering the best service. From everyday things that matter, to mission-critical events where experience counts we are there to supply what is people are there to make it HOW WE VE RISEN TO OUR CUSTOMERS CHALLENGES IN THE PAST YEARW alter Dunston and the team at Sunbelt kept the capital moving for the inauguration of the 45th president PAGE 90 OUR FINANCIAL HIGHLIGHTS20172015 2014 2013 7652016 6174743572142017 2015 2014 2013 3,1872016 2,5462,0391,6351,36220172015 2014 2013 8982016 7285574092902017 2015 2014 2013 7932016 645490362245 REVENUE ( m)CONTENTSUNDERLYING OPERATING PROFIT ( m)UNDERLYING PROFIT BEFORE TAXATION ( m)PROFIT BEFORE TAXATION ( m)STRATEGIC REPORT 2 Our Group at a glance4 Chairman s statement5 Highlights of the year10 Strategic review12 Our markets18 Our business model24 Our strategy32 Key performance indicators34 Principal risks and uncertainties38 Financial review46 Responsible business reportDIRECTORS REPORT 58 Our Board of directors60 Corporate governance report65 Audit Committee report68 Nomination Committee report69 Remuneration report87 Other statutory disclosures89 Statement of directors responsibilitiesFINANCIAL STATEMENTS 92 Independent

ASHTEAD GROUP PLC Annual Report & Accounts 2017 MAKING IT HAPPEN Annual Report & Accounts 2017

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