Ashtead raises guidance after first-half profits fall less than expected

Construction

Ashtead Group has raised its full-year outlook after a profit and sales fell less than expected fall in the six months to the end of October.

The FTSE 100-listed construction equipment hire group maintained a flat interim dividend at 7.15p per share after what it said was a record level of free cash flow of £822m during the half-year.

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