Zigup Plc reported earnings results for the half year ended October 31, 2024. For the half year, the company reported sales was GBP 338.21 million compared to GBP 322.89 million a year ago. Revenue was GBP 903.64 million compared to GBP 911.3 million a year ago.
Net income was GBP 43.42 million compared to GBP 74.56 million a year ago. Basic earnings per share from continuing operations was GBP 0.194 compared to GBP 0.329 a year ago. Diluted earnings per share from continuing operations was GBP 0.189 compared to GBP 0.32 a year ago.
ZIGUP plc, formerly Redde Northgate plc, is a United Kingdom-based integrated mobility solutions platform providing services across the vehicle lifecycle. The Companyâs businesses are categorized as vehicle provision and accident management and repair. The Company offers integrated mobility solutions to businesses, fleet operators, insurers, original equipment manufacturers (OEMs), and other customers across key areas, including vehicle rental, vehicle data, accident management, vehicle repair, fleet management, service and maintenance, vehicle ancillary services and vehicle sales. The Company supports its customers through a network and diversified fleet of approximately 130,000 owned and leased vehicles, supporting approximately 700,000 managed vehicles, with around 175 branches across the United Kingdom, Ireland, and Spain. It provides vehicles from a range of automotive manufacturers. The Company offers its services under the ZIGUP brand.
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