Redde Northgate (GB:ZIG) has released an update.
ZIGUP plc reports a record performance for the full year ended April 30, 2024, with a total revenue increase of 23.0% and underlying revenue growth of 13.7%. The company has seen strong demand for its integrated mobility solutions and is well-positioned to invest in fleet renewal over the next two years, bolstering its balance sheet and cash generation prospects. Despite a reported dip in profit before tax, the underlying profit before tax rose by 8.9%, and the company’s strategy is set to drive continued positive growth in revenues and profitability.
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