Get Moblico news: TXTJOIN” to 833-338-4330

Chat with us: TXT or Call 855-662-5426

Moblico Blog banner
Team Moblico

Team Moblico

United Rentals 3Q Sales Down 12.1%

Share on facebook
Facebook
Share on google
Google+
Share on twitter
Twitter
Share on linkedin
LinkedIn

https://s33009.pcdn.co/news/operations/united-rentals-3q-sales-down-12-1/?utm_source=rss&utm_medium=rss&utm_campaign=united-rentals-3q-sales-down-12-1

United Rentals, Inc. (NYSE: URI), Stamford, Connecticut, reported third-quarter sales of $2.2 billion, down 12.1% compared to a year ago. Profit of $208 million was down 46.8% compared with a year ago.

“We’re pleased with our third quarter results, particularly our cost performance and the quarter-over-quarter improvement in fleet absorption,” said Matthew Flannery, CEO of United Rentals. “I am incredibly proud of our team as they continue to provide outstanding support to our customers, while maintaining a strong focus on safety and disciplined execution.”

For the first nine months sales fell 9.3% to $6.3 billion. Profit decreased 29.1% to $593 million.

The post United Rentals 3Q Sales Down 12.1% appeared first on Modern Distribution Management.

More to explorer

AHRI Announces New Officers, Presents Awards

https://www.achrnews.com/articles/144150-ahri-announces-new-officers-presents-awards AHRI’s new chairman is Michael Schwartz, CEO, Daikin Applied Americas.

Pandemic Revenue Index Shows 4.3% Jump

https://s33009.pcdn.co/news/research/pandemic-revenue-index-shows-4-3-jump/?utm_source=rss&utm_medium=rss&utm_campaign=pandemic-revenue-index-shows-4-3-jumpIndian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Nov. 23 to Nov. 27 indicated a 4.3%