Zigup Plc (ZIG.L) said Thursday that it predicts the Group's full-year 2026 financial performance to be at the upper end of market expectations for adjusted Profit Before Tax, between 154.5 million pounds and 159.3 million pounds.
The company said that the annual results benefited from improved VoH growth across both Spain and the UK & Ireland, alongside continued progress in its Claims & Services division.
The British passenger car rental company said that steady state cash generation improved during fiscal 2026, with the company expecting further upward momentum in the years ahead. Leverage remained stable at 1.9x, unchanged from the first half of 2026 and in line with the outlook.
According to Zigup Plc, there was good progress in its UK & Ireland simplification programme, including early gains from supply chain improvements and the launch of the new Northgate Mobility brand.
On the LSE, ZIG.L ended Wednesday's trading at 424.00 pence, up 1.4 percent.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.