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Ashtead Technology shares fly as revenue sails over £200m mark

Published: January 19, 2026 at 8:55 am

Author: Patrick Killeen

Ashtead Technology has reported a strong year of trading in 2025 as it benefited from improved project activity across the global offshore energy sector.

The listed subsea technology specialist expects full-year revenue to come in at around £203 million, up 21% year-on-year, with the second half of the year about 5% stronger than the first.

The news, released this morning, has caused its shares to jump by 13.6% in the first 40 minutes of trading today to 380.5p.

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