Half Year Results 

Northgate on the mend

Northgate on the mend

In the six months to October, Northgate (NTG) has been busy putting the UK side of the fleet hire operation onto a steadier platform, installing a new management team and investing in IT systems and other self-help measures. The benefits have not yet shown through in these numbers: average vehicles on hire numbers were still lower, while UK rental margins fell from 15.2 per cent to 13.8 per cent.

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