Half Year Results 

Northgate looks to merge with Redde

Northgate looks to merge with Redde

Commercial vehicle hire group Northgate (NTG) saw its turnover dip in the first half of its 2020 financial year, with a modest 2.5 per cent increase in hire revenue being more than offset by a 20 per cent decline in vehicle sales. With last year benefitting from the sale of around 1,800 vehicles acquired from TOM Vehicle Rental, disposal profits during the period plunged by over a quarter to £5.1m.

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