Demand improving, United reintroduces guidance

Thomas Allen

July 30, 2020

Despite the negative impact of Covid-19 on United Rentals’ revenues in the second quarter of 2020, the US-based giant has remained profitable and has reintroduced full-year guidance. It forecasts capex to be a fraction of last year’s spending.

Total revenues of $1.9 billion were achieved in the second quarter, including…

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