WillScot Holdings Corporation - WSC STOCK NEWS

WillScot Mobile Mini Holdings (WSC) reported a strong performance for Q4 and full year 2021, with revenues of $518 million and $1.895 billion respectively. The company achieved a net income of $74 million for the quarter and $160 million for the year, alongside Adjusted EBITDA of $211 million and $740 million. Investments included $147 million in seven acquisitions and a return of $364 million to shareholders through stock repurchases. WSC reaffirmed a positive 2022 outlook, targeting Adjusted EBITDA between $810 million and $850 million, indicating robust demand across markets.

WillScot Mobile Mini Holdings Corp. (WSC) announced that Tim Boswell, President & CFO, will host private investor meetings at the 2022 J.P. Morgan Global High Yield & Leveraged Finance Conference on March 1, 2022. Based in Phoenix, Arizona, WillScot Mobile Mini is a leader in modular space and portable storage solutions, serving diverse sectors through over 275 branch locations across North America and the UK. The company specializes in flexible workspace and storage solutions, positioning itself as a critical provider in its field.

WillScot Mobile Mini Holdings Corporation (WSC) will announce its fourth quarter and full year 2021 financial results on February 24, 2022, after market close. CEO Brad Soultz and CFO Tim Boswell will host a conference call on February 25, 2022, at 10:00 a.m. EST to discuss the results. Investors can access the call by phone or via a live webcast available on the company’s website. WillScot Mobile Mini, headquartered in Phoenix, provides flexible workspace and portable storage solutions across the U.S., Canada, Mexico, and the U.K.

WillScot Mobile Mini Holdings Corp. (Nasdaq: WSC) has successfully completed the acquisition of McDonald Modular Solutions, enhancing its modular and storage offerings in Michigan and Ohio. This deal adds approximately 1,300 modular units and over 300 storage units to the company's portfolio. Funded through cash and revolving credit, this acquisition aligns with WillScot's M&A strategy, aimed at expanding its market presence and operational capabilities in the Midwest region, ultimately benefiting its customer base.

WillScot Mobile Mini Holdings Corp. (WSC) has successfully acquired the rental assets of Hecht Trailers in New Jersey. The transaction, financed with cash and credit, adds over 2,000 storage units and 200 modular units to the company’s offerings in the Northeast. CEO Brad Soultz emphasized the strategic importance of this acquisition, enhancing the company's capabilities in the region. WillScot aims to integrate Hecht Trailers' operations and leverage its scalable technology platform to serve new customers effectively.

WillScot Mobile Mini Holdings Corp. (Nasdaq: WSC) announced that CEO Brad Soultz and CFO Tim Boswell will present at the 2021 Credit Suisse Global Industrials Conference on December 2, 2021, at 3:30 p.m. EST. Based in Phoenix, Arizona, WillScot Mobile Mini is a leader in modular space and portable storage solutions, servicing diverse markets across North America, Mexico, and the UK. With over 275 branch locations, the company focuses on innovative flexible workspace solutions.

WillScot Mobile Mini Holdings Corp. (Nasdaq: WSC) has successfully completed the acquisition of Portable Storage Corporation's assets in Los Angeles. This strategic move adds approximately 3,000 storage units to WillScot's existing markets in California, funded through cash reserves and credit. CEO Brad Soultz expressed enthusiasm about the integration of the new employees and the expansion of capabilities in the greater Los Angeles area, aligning with the company's M&A strategy and commitment to enhancing customer service.

WillScot Mobile Mini Holdings Corp. (WSC) reported strong financial performance for Q3 2021, with total revenues of $490.6 million, up 17.6% year-over-year. Core leasing revenues rose 21.1%, driven by significant increases in modular space and storage rental rates. Adjusted EBITDA was $190.1 million, reflecting a 16.2% increase. The Company closed four acquisitions and authorized a $1 billion share repurchase program. Free cash flow stood at $78.5 million, demonstrating solid liquidity. Investor Day is scheduled for November 8, 2021, to discuss strategic initiatives and growth outlook.

WillScot Mobile Mini Holdings has appointed Rebecca L. Owen to its Board of Directors as of October 29, 2021. She will serve on the Compensation Committee and the Nominating and Governance Committee. Owen brings extensive experience from various sectors, including hospitality and real estate, and is expected to enhance the board's diversity and governance. Additionally, the board plans to eliminate its classified structure, pending stockholder approval at the 2022 Annual Meeting. The changes aim to strengthen corporate governance.