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WillScot Holdings Corporation provides temporary space, modular building and storage solutions for customers across North America. Company news commonly covers quarterly results, full-year outlook updates, leasing and services revenue, Adjusted EBITDA, free cash flow, unit activations, order activity and capital spending tied to its temporary space platform.
WillScot updates also address quarterly cash dividends, investor conference participation and product expansion across its portfolio of modular complexes, mobile offices, classrooms, portable storage, climate-controlled units, blast-resistant buildings, clearspan structures, temporary restrooms, furnishings and fencing and perimeter-security solutions. Its operating coverage spans the United States, Canada and Mexico and serves sectors including construction, manufacturing, healthcare, government, energy and education.
WillScot Mobile Mini Holdings Corp. (Nasdaq: WSC) will participate in private investor meetings at the Barclays Industrial Select Conference in Miami, FL on Feb. 23, 2023. Matt Jacobsen, Senior Vice President Finance, and Nick Girardi, Senior Director of Treasury & Investor Relations will represent the company. WillScot Mobile Mini is a premier provider of flexible workspace and portable storage solutions, operating approximately 240 branch locations across the U.S., Canada, and Mexico. The company serves diverse end markets, showcasing its breadth and adaptability in the business services sector.
WillScot Mobile Mini Holdings Corp. (WSC) announced the successful divestiture of its UK Storage segment to Algeco UK Holdings Limited, effective January 31, 2023. The company received approximately $410 million from this sale, aimed at reinvesting in its core Modular and Storage operations. This divestiture will be reported as discontinued operations in the upcoming Q4 2022 financial filings. Management will also provide financial guidance for 2023, excluding the UK Storage segment during the Q4 2022 earnings call scheduled for February 22, 2023.
WillScot Mobile Mini Holdings Corp. (Nasdaq: WSC) announced its fourth quarter 2022 financial results will be released on February 21, 2023, after market close. CEO Brad Soultz and CFO Tim Boswell will host a conference call on February 22, 2023, at 10 a.m. ET to discuss the results. Interested participants can access the call via phone or a live webcast on the company’s website, with an archived version available for 12 months. WillScot Mobile Mini provides flexible workspace and portable storage solutions, serving diverse markets across the U.S., Canada, and Mexico from approximately 240 locations.
WillScot Mobile Mini Holdings (WSC) announced the divestiture of its UK Storage segment to Algeco UK Holdings for roughly £335 million. Proceeds will fund growth in North America, with no anticipated impact on operating results in the NA Modular or Storage segments. The transaction is expected to close in Q1 2023, pending regulatory approval. The CEO emphasized the strategic shift to focus exclusively on modular space and storage solutions in North America. The company aims to maintain its capital allocation strategy and reduce leverage, with a share repurchase authorization of $1 billion.
WillScot Mobile Mini Holdings Corp. (Nasdaq: WSC) announced that Matt Jacobsen and Nick Girardi will present and hold private investor meetings at the Credit Suisse Global Industrials Conference in Palm Beach, Florida, on December 1, 2022. The presentation is scheduled for 1:15 p.m. ET. Headquartered in Phoenix, Arizona, WillScot provides modular space and portable storage solutions across diverse markets with approximately 260 locations across North America and the UK.
WillScot Mobile Mini Holdings Corp. (WSC) announced participation in private investor meetings at the Deutsche Bank Industrials Conference in New York on Nov. 15, 2022. Key executives, Matt Jacobsen and Nick Girardi, will represent the Company, showcasing its leadership in modular space and portable storage solutions. With approximately 260 branch locations across the U.S., Canada, Mexico, and the UK, WillScot Mobile Mini provides innovative business services across various sectors. The Company is headquartered in Phoenix, Arizona, and trades on Nasdaq under the symbol WSC.
WillScot Mobile Mini Holdings (WSC) reported strong Q3 2022 results with revenue reaching $604 million, a 31% increase year-over-year, and income from continuing operations at $86 million. Adjusted EBITDA was $251 million with a margin of 41.6%, up 270 basis points. The company successfully divested its Tank and Pump segment, reducing leverage to 3.4x EBITDA. It raised its full-year 2022 Adjusted EBITDA guidance to between $910 million and $930 million. Cash from operations increased 61% year-over-year, totaling $210 million.
WillScot Mobile Mini Holdings Corp. (WSC) announced its participation at the Baird Global Industrial Conference on Nov. 8, 2022, in Chicago, IL. CEO Brad Soultz and Sr. Director of Treasury & Investor Relations Nick Girardi will present and engage in private investor meetings, with the presentation scheduled for 12:35 p.m. CT. WillScot Mobile Mini is a leader in modular space and portable storage solutions, operating approximately 260 branch locations across North America and the UK, providing services to diverse end markets.
WillScot Mobile Mini Holdings Corp. (Nasdaq: WSC) will release its third quarter 2022 financial results on November 2, 2022, after market close. CEO Brad Soultz and CFO Tim Boswell will host a conference call on November 3, 2022, at 10 a.m. ET to discuss the results. The call can be accessed via phone or through a live webcast available on the company's website. WillScot Mobile Mini is a leading provider of flexible workspace and portable storage solutions with approximately 280 locations in the U.S., Canada, Mexico, and the U.K.
WillScot Mobile Mini Holdings Corp. (WSC) announced the completion of its divestiture of the Tank and Pump segment to Kinderhook Industries, effective September 30, 2022. The sale is valued at approximately $323 million and aims to bolster the Company's core Modular and Storage segments along with other capital objectives. BofA Securities acted as the financial adviser, while Allen & Overy served as legal adviser. The divestiture is part of WillScot's strategy to enhance focus on its primary business areas.