Welcome to our dedicated page for WillScot Holdings news (Ticker: WSC), a resource for investors and traders seeking the latest updates and insights on WillScot Holdings stock.
WillScot Holdings Corporation (Nasdaq: WSC) is described by the company as the premier provider of temporary and flexible space solutions in North America. Its news flow offers insight into how this modular and portable space business evolves over time, from financial performance and capital allocation to leadership changes and credit facility developments.
On this page, readers can review WillScot news covering quarterly earnings results, updates to full-year outlooks, and detailed discussions of revenue mix across modular space leasing, portable storage leasing, value-added products and services, delivery and installation, and unit sales. The company’s releases often include commentary on Adjusted EBITDA, Adjusted Free Cash Flow, Net CAPEX, and Net Debt to Adjusted EBITDA, along with explanations of how these non-GAAP measures are used.
News items also highlight dividend declarations, share repurchase activity, and tuck-in acquisitions, as well as amendments to the company’s asset-based revolving credit facility that affect borrowing costs, maturity dates, and available capacity. Governance and leadership updates, such as CEO succession plans, the appointment of an Executive Chair and Lead Independent Director, and changes in the Chief Accounting Officer role, are reported through both press releases and related Form 8-K filings.
Investors and followers of WSC can use this news feed to track how WillScot describes its strategic priorities, including network optimization initiatives, real estate footprint evaluations, and focus areas such as Enterprise Accounts and differentiated service offerings. For those monitoring temporary space and modular building companies, this page provides a centralized view of WillScot’s publicly released developments over time.
WillScot Mobile Mini Holdings (WSC) will host virtual meetings and a fireside chat at Baird’s 2020 Global Industrials Conference. CEO Brad Soultz and CFO Tim Boswell will lead the discussions on November 11 and 12, 2020. WillScot Mobile Mini, a leader in modular space and portable storage solutions, operates around 275 locations across North America, with a fleet exceeding 350,000 units. The company focuses on efficiently providing temporary space solutions, enhancing productivity for diverse sectors.
WillScot Mobile Mini Holdings Corporation (Nasdaq: WSC) will release its third quarter 2020 financial results on November 5, 2020, after market close. A conference call will follow on November 6, 2020, at 10:00 a.m. EST, hosted by CEO Brad Soultz, COO Kelly Williams, and CFO Tim Boswell. Investors can access the call by dialing (855) 312-9420 (US/Canada) or (210) 874-7774 (International) and via a live webcast on the company’s website. An archived version will be available for 60 days post-call.
WillScot Mobile Mini Holdings Corp. (Nasdaq: WSC) announced that CEO Brad Soultz and CFO Tim Boswell will hold virtual investor meetings at D.A. Davidson’s Diversified Industrials & Services Conference on September 22, 2020. The company, a leader in modular space and portable storage solutions, provides services across various sectors, including construction and healthcare. With around 275 locations and a fleet exceeding 350,000 units, WillScot aims to enable efficient and cost-effective space solutions for its diverse customer base.
WillScot Mobile Mini Holdings (Nasdaq: WSC) announced that CEO Brad Soultz and CFO Tim Boswell will host virtual meetings with investors on September 15, 2020, during Morgan Stanley’s Virtual 8th Annual Laguna Conference. The meetings are by appointment only. WillScot is a leading provider of turnkey modular space and portable storage solutions in North America, formed in 2020 from a merger of two market leaders. The company operates across 275 locations with over 350,000 units available for lease across various sectors.
WillScot Mobile Mini Holdings Corp. (WSC) announced the pricing of $500 million in 4.625% senior secured notes due 2028. Proceeds will be used to redeem $441 million of its 6.875% senior secured notes due 2023. This follows a previous redemption of 10% of these notes. The offering is aimed at qualified institutional buyers and will close on August 25, 2020, pending customary conditions. The company may use any remaining funds for working capital or to repay part of WSII's existing credit facility.
WillScot Mobile Mini Holdings Corp. (WSC) announced a Conditional Redemption of its $441 million 6.875% senior secured notes due 2023, set for August 26, 2020. This follows a previous redemption of 10% of these notes. The redemption is contingent upon the issuance of at least $500 million in notes by WSII or its subsidiaries by the Redemption Date. Investors will receive a redemption price of 103.438% plus accrued interest. The company emphasizes the potential risks surrounding the future outcomes influenced by various external factors, including the COVID-19 pandemic.
WillScot Mobile Mini Holdings Corp. (Nasdaq: WSC) announced plans to offer $500 million in senior secured notes due 2028 through its subsidiary, Williams Scotsman International, Inc. The proceeds will be used to redeem $441 million of its existing 6.875% senior secured notes due 2023. This private placement is aimed at qualified institutional buyers and does not constitute an offer to sell securities within the U.S. The company highlights its position as a leader in modular space and portable storage solutions across North America.
WillScot Mobile Mini Holdings Corp (WSC) announced its Q2 2020 financial results, highlighting revenues of $256.9 million, a 2.6% decline year-over-year. Modular leasing revenue rose by 2.3%, while average rental rates increased by 9.5%. Adjusted EBITDA reached $97.5 million, an 11.4% increase, and free cash flow rose to $39.0 million. Mobile Mini's revenues fell 12%, but adjusted EBITDA margins improved to 42.6%. Both companies experienced sequential demand improvements from April 2020, with pending orders down 5% compared to the previous year.
WillScot Mobile Mini Holdings Corp. (Nasdaq: WSC) announced its indirect subsidiary, Williams Scotsman International, Inc., will redeem $49 million of its 6.875% Senior Secured Notes due 2023 on August 11, 2020. The redemption price is set at 103% of the principal amount, plus any accrued interest. Post-redemption, interest will cease to accrue on the notes. Investors holding these notes should contact their bank or broker for details regarding the redemption payment.
WillScot Mobile Mini Holdings (Nasdaq: WSC) plans to release its second quarter 2020 financial results on August 10, 2020, before market opening. A conference call with CEO Bradley Soultz, COO Kelly Williams, and CFO Timothy Boswell will follow at 10:00 a.m. EDT to discuss the results. Investors can access the live call by dialing (855) 312-9420 or via a webcast on the company’s website. WillScot, formed in 2020 through a merger, operates approximately 275 locations across North America and has a fleet of over 350,000 portable solutions.
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