7
NEWS
SHARE PRICES
Start date Previousmth
Currentmth
% change
COMPANY
11/1/06
01/04/14
22/05/14
Acces Industrie (France)
€
0.47
3.52
3.60
+2.7%
Aggreko (UK)
£
2.75
15.03
17.01
+13.2%
Ashtead Group (UK/US)
UK£
1.83
9.75
10.43
+6.9%
Boom Logistics (Australia)
A$
3.70
0.15
0.13
-13.3%
Cramo (Fin)
€
13.0
15.60
15.47
-0.8%
GAMSA (Spain)
€
8.00
0.77
0.65
-15.6%
GL events (France)
€
29.96
16.48
17.20
+4.4%
H&E Equipment
US$
–
40.27
32.40
-19.5%
Kanamoto
Yen
–
3035
3700
+21.9%
Lavendon (UK)
UK£
2.20
2.42
2.12
-12.4%
MobileMini (US)
US$
46.2
44.48
40.83
-8.2%
Ramirent (Finland)
€
23.43
8.36
7.90
-5.5%
SpeedyHire (UK)
UK£
8.32
0.59
0.55
-6.8%
United Rentals (US)
US$
24.9
96.02
97.47
+1.5%
IRN
INDEX
100.0 274.5
285.2
+3.9%
Note: The index is basedonaggregate changes inmarket values of the companies in the list.
The initial index valueof 100 is basedon values on 11 January 2006.
IRN
Rental Share Index
BoelsRental reports
steady Italiangrowth
IRN JUNE 2014
The Italian rental market has potential
according to Boels Rental, which has
seen steady growth since it began
operating in the country in 2011, with
further expansionplanned.
Boels Rental opened is first depot
in Italy in November 2011, followed by
twomore in 2012. Speaking during the
Samoter and Asphaltica construction
equipment exhibitions in Verona,
regional manager for Italy Tarcisio
Sciocco said the company planned to
openat least onemoredepot in2015.
“We started from zero in the middle
of a bad period, so we are of course
growing. The crisis has caused Italian
customers to realise the value of
rental insteadof buyingmachines.
“Ownership is not so important now,
and instead there is a bigpotential for
rental. For instance, some customers
have sold off all their machines as
used equipment, and have decided to
goover to rental.”
Mr Sciocco said the company had
already seen revenues jump 50%
in the first four months of 2014,
compared to last year.
“Rental rates are very low still, but
for us as a newcomer, every rental
deal adds something,” he added. “Our
rental fleet is currently worth around
€3 million, but this will be increasing
becauseof our expansionplans.
Boels Rental offers earthmoving
and access equipment to rent in Italy,
together with smaller products like
compressors, concretemixers and
The 29
th
edition of Italian
construction equipment exhibition
Samoter was teamed with the
Asphaltica road paving technology
event. The combined exhibitions ran
from8May to 11 May – for a full review
of this exhibition and April’s SMOPYC
exhibiton inSpain, seepage68.
IRC line-up
completed
The full-line-up for the 2nd
International Rental Conference
(IRC) in Shanghai, China, on 24
November is now complete and
features senior representatives
from rental companies in China,
Australia and Japan as well as
global equipmentmanufacturers.
Leigh Ainsworth, CEO of Coates
Hire, will give themorning keynote
address on rental management
issues and Masaki Kurita,
president of Japan’s Nikken Corp,
will present the afternoon keynote
speech looking at trends in Japan’s
rental sector.
The conference, which takes
place the day before the start
of the Bauma China exhibition,
provides an opportunity to learn
about the development of rental
in China and wider Asia as well
as offering world-class advice on
rentalmanagement.
China’s rental market
is represented by three
speakers who manage
significant rental
businesses: Laurence
Poh (pictured left), CEO
of Caterpillar dealer
Lei Shing Hong Machinery; Li Hua
Bin, general manager of Shanghai
Jinheyuan Equipment Rental; and
Tim Du, founder and managing
director of Tianjin Prosperity Bai-Li
Engineering&Mechanical.
■
For full detailsof the
programmeand confirmed
speakers, seepage 73of this
issue, or go to:
NewEditor for
International Rental News
KHL Group, the publisher of
International Rental News (IRN),
appointed Helen Wright as the new editor of the magazine,
effective6May.
Current Editor Murray Pollok becomes
IRN
’s Managing Editor
andwill also takeon theadditional roleof joint EventsDirector at
KHL, one of the team responsible for organising conferences and
other events across thegroup’smagazines.
Ms Wright, who takes up her new post on Tuesday 6 May, joined KHL Group
in November 2010 as Deputy Editor of
International Construction (iC)
and
Construction Europe (CE)
magazines, and has proven herself to be a highly
capable and energetic journalist. A newDeputy Editor is now being sought for
iC
and
CE
.
■
HelenWright, who is a fluent German speaker, canbe contactedbye-mail
at:
, andon: +44 (0)1892 786209.
■
Tel: +44 (0)1505850043.
■
Werner Scheepers, formerly
general manager of MCC Group’s
Plant Hire division in South Africa,
has left the company to establish
his own rental business. The new
venture, which was registered in
March this year, is Eco Plant Hire
and is still in its “infant stages”.
■
IPAF is recommending thataerial
platforms be subject to 10 year
‘major inspections’ followed by
five-yearly inspections. IPAF said
this would validate the structural
integrity of critical components
beyond the manufactured design
life and help ensure the quality of
machines sold in the used market.
Similar regimes are already in
place in Australia, Finland and
Canada.
HIGHLIGHTS
