ZIGUP lifts profit expectations as Spanish fleet and claims volumes expand
ZIGUP ($ZIG) now expects full-year adjusted pretax profit at the top of the market’s £163.2 million–£170.0 million range, following a strong first four months. Management attributed the improvement particularly to Spain and FMG. Average vehicles on hire were more than 5% above the prior year at the end of August, while the Spanish fleet exceeded 80,000 vehicles. FMG also benefited from stronger volumes, including the renewal and expansion of a Motability contract through a major insurance partne
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