March 7 (Reuters) – Ashtead Group on Tuesday forecast annual results ahead of its estimates and raised capital spend outlook for next year as the British equipment Does My Car Insurance Cover Rental Cars giant bets on the “increasing number of mega projects and recent U.S. legislative acts”.
The London-listed company said its initial plans for 2023/24 are for gross capital expenditure of $4 billion to $4.4 billion, of which the U.S.rental capital spend is $3 billion to $3.3 billion.
(Reporting by Yadarisa Shabong in Bengaluru; Editing by Sherry Jacob-Phillips)
