Redde Northgate optimistic ahead of annual results

Redde Northgate has announced that trading is ahead of expectations before it publishes its full annual results on 5 July.

Growth is being driven by strong customer demand for services across both vehicle rental and accident management, as well as insurance contracts secured in the last 12 months.

Constraints remain for van supply, but UK supply is starting to ease in line with greater availability in the car market.

Martin Ward, CEO, said, “The strategy of delivering an integrated mobility platform has enabled us to provide a unique offering to a wide range of partners and customers and is bearing fruit. This is reflected in the strength of performance across the business, despite ongoing supply chain challenges and direct inflation seen most notably in areas such as vehicle repairs.

“As we look forward, the group is performing at record levels, there is more interest in our platform than ever before and we have a strong base from which to make strategic progress in the coming year.”

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