WILLIAMS SCOTSMAN CONFIRMS SELECTED 2017 OPERATIONAL RESULTS AND PROVIDES 2018 EARNINGS GUIDANCE

Conference Call Rescheduled To March 16th BALTIMORE, March 6 (Bernama-GLOBE NEWSWIRE) -- WillScot Corporation (NASDAQ:WSC) (“Williams Scotsman”) today confirmed selected 2017 operational results and provided its 2018 earnings guidance. Brad Soultz, President and Chief Executive Officer of Williams Scotsman commented, “2017 was a transformational year for Williams Scotsman, having completely recapitalized the Company, secured the capital resources required to accelerate our growth, and completed the acquisition of Acton Mobile.  In addition to executing these strategic initiatives, I am delighted to report that performance of our core Modular – US and Modular – Other North America segments met our high expectations, delivering Adjusted EBITDA in line with our prior guidance of $122 million for the year, and with year-over-year growth in the fourth quarter accelerating from third quarter levels.  The momentum is driven by the continued adoption of ‘Ready to Work’ solutions by our customers and the scalability of our operating platform to grow units on rent across both of our modular operations. Consolidated total revenues of $120.4 million in the fourth quarter were up 16.8% versus the fourth quarter of 2016, driven by our U.S. leasing operations.  In our Modular - US segment, modular space units on rent were up 6.0% and average monthly rate was up 10.2% in the fourth quarter year-over-year, evidencing the success our value proposition and growth initiatives have in the market.” Soultz continued, “We are accelerating robust organic growth with the acquisitions of Acton Mobile and Tyson Onsite. These strategic assets build seamlessly upon our existing platform, further differentiate Williams Scotsman with our customers, and expand our distribution of value added products and services. Looking ahead, our end markets are strong, we remain excited about the momentum in our U.S. business, and look to build upon this momentum in 2018.”  http://mrem.bernama.com/viewsm.php?idm=31361