Zigup (ZIG)

Sector:

Commercial Transport

Index:

FTSE 250

348.00p
   
  • Change Today:
      1.50p
  • 52 Week High: 438.00
  • 52 Week Low: 273.50
  • Currency: UK Pounds
  • Shares Issued: 225.84m
  • Volume: 1,048,762
  • Market Cap: £785.92m
  • Beta: 0.02

Redde Northgate says demand still outstripping supply in UK, Ireland

By Frank Prenesti

Date: Tuesday 26 Sep 2023

LONDON (ShareCast) - (Sharecast News) - Van rental firm Redde Northgate said demand continued to outstrip supply in the UK and Ireland as it made a strong start to the current fiscal year.
In a brief trading statement ahead of its annual general meeting on Tuesday, Redde said while vehicles were starting to arrive in greater quantities, "these are not yet across the product range or at sufficient volumes to satisfy continued demand".

"Spain is enjoying both supply and demand momentum and this is supporting growth and feeding through to a reduction of average fleet age," it added.

"We remain focused on supporting rental sectors with the strongest long-term growth prospects. Residual values reflect current new vehicle prices and so, as previously guided, remain significantly above historic levels in both regions, which will be seen in ongoing elevated disposal profits."

Reporting by Frank Prenesti for Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Zigup Market Data

Currency UK Pounds
Share Price 348.00p
Change Today 1.50p
% Change 0.43 %
52 Week High 438.00
52 Week Low 273.50
Volume 1,048,762
Shares Issued 225.84m
Market Cap £785.92m
Beta 0.02

Zigup Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
42.33% above the market average42.33% above the market average42.33% above the market average42.33% above the market average42.33% above the market average
42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average
Price Trend
38.15% below the market average38.15% below the market average38.15% below the market average38.15% below the market average38.15% below the market average
Sector averageSector averageSector averageSector averageSector average
Income
70.96% above the market average70.96% above the market average70.96% above the market average70.96% above the market average70.96% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Growth
61.88% above the market average61.88% above the market average61.88% above the market average61.88% above the market average61.88% above the market average
61.54% above the sector average61.54% above the sector average61.54% above the sector average61.54% above the sector average61.54% above the sector average

Zigup Dividends

  Latest Previous
  Interim Final
Ex-Div 12-Dec-24 29-Aug-24
Paid 10-Jan-25 27-Sep-24
Amount 8.80p 17.50p

Trades for 30-May-2025

Time Volume / Share Price
16:45 490 @ 348.00p
16:42 4,240 @ 348.00p
16:42 22,093 @ 348.00p
16:40 35,000 @ 348.00p
16:35 9,521 @ 348.00p

Zigup Key Personnel

CEO Martin Ward

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