Company summary
Zigup is an integrated mobility-services group providing vehicle rental, fleet management, accident management and repair services. It was formerly known as Redde Northgate and operates across the UK, Ireland and Spain.
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ZIG
Zigup
Support Services
- Index
- FTSE 250
- ISIN
- Not specified
- Book status
- 2026 edition — current
Key activities
Commercial vehicle rental, fleet services, accident and claims management, vehicle repair, replacement vehicles, fleet disposal and related mobility services.
Key markets
The United Kingdom, Ireland and Spain, serving businesses, insurers, fleets and individual motorists.
Key drivers
Fleet utilisation, rental rates, used-vehicle values, accident-management volumes, repair activity, fleet growth, cash generation and operating efficiency.
Key risks
Higher financing costs, used-vehicle price falls, fleet residual values, leverage, economic slowdown, insurance-sector changes and capital intensity.
Recent Developments
8 July 2026: FY2026 revenue rose 2.6% to £1.86bn, while underlying EBIT excluding disposal profits increased 9.7% to £164m and steady-state cash generation improved sharply to £95.7m. Net debt nevertheless rose to about £999m as the fleet expanded, making cash conversion, leverage and returns from fleet growth important through 2027.
Dividend notes
Zigup pays dividends twice yearly and has maintained progressive growth. The FY2026 total dividend is 27.0p per share, up 2.3%; the 18.2p final dividend goes ex-dividend on 27 August 2026 and is payable on 30 September.
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