<div id="readability-page-1"><div> By Nina Kienle <pre></pre> Ashtead Group posted a decline in profit for the fiscal first quarter after one-time costs related to its move to a U.S. listing weighed on earnings but raised its free cash flow target for the year. The London-listed equipment rental company--which makes the bulk of its business in the U.S.-- on Tuesday posted a 6% decrease in pretax profit for the three months ended July 31 at $512 million. Net profit fell to $375.5 million from $403.5 million, after nonrecurring costs associated with the move of the primary listing to the U.S., it said. Revenue was up 2% to $2.80 billion, while free cash flow jumped to $514 million from $161 million. &#34;The Group delivered solid first quarter results with revenues, profits and free cash flow in line with our expectations,&#34; Chief Executive Brendan Horgan said. The company raised its free cash flow targets for fiscal 2026 to $2.2 billion to $2.5 billion. It had previously targeted between $2.0 billion and $2.3 billion. Ashtead is continuing its relisting to the New York Stock Exchange scheduled for March 2026, it said. <pre></pre> Write to Nina Kienle at nina.kienle@wsj.com <pre></pre> (END) Dow Jones Newswires September 03, 2025 02:53 ET (06:53 GMT)Copyright (c) 2025 Dow Jones &amp; Company, Inc.</div></div>

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Ashtead Group PLC 報告第一季度税前利潤下降 6%，降至 5.12 億美元，淨利潤因美國上市的一次性費用降至 3.755 億美元。收入增長 2%，達到 28 億美元，自由現金流激增至 5.14 億美元。該公司將 2026 財年的自由現金流目標上調至 22 億至 25 億美元，之前的目標為 20 億至 23 億美元。Ashtead 計劃於 2026 年 3 月在紐約證券交易所重新上市

Ashtead 因成本上升導致利潤下降