Ashtead Technology tumbles after cutting guidance

Shares in Ashtead Technology (LON:AT.) tumbled after the firm cut its FY sales and earnings guidance. The global subsea technology solutions group said customers had delayed a number of Middle East projects due to the ongoing conflict. Project delays cause company to cut guidance In its FY25 results update, posted in March, the firm hinted … Continue reading Ashtead Technology tumbles after cutting guidance