Positive start to the year, upgrading profit expectations to the top of current market expectations
ZIGUP plc (LSE:ZIG), the leading integrated mobility solutions platform providing services across the vehicle lifecycle, will hold its Annual General Meeting at 10.30 a.m. today at the offices of Bryan Cave Leighton Paisner LLP, Governor's House, 5 Laurence Pountney Hill, London, EC4R 0BR.
At the meeting the following statement will be made:
'The Group has performed well over the first four months of the financial year and as a result of recent strong performance in Spain and FMG in particular, we expect our adjusted PBT for the year to be at the top of the current range of market expectations of £163.2 - £170.0m.
As at the end of August, average VoH is more than 5% ahead of the prior year and the Spanish fleet is now in excess of 80,000 vehicles. FMG volumes are strong, including benefitting from the recent re-awarding and expansion of the Motability contract by one of our largest insurance partners. Leverage is in line with our target range of 1-2x, and our balance sheet is supported by £1.8bn of fleet assets.
The Board remains confident of the Group's long term growth strategy and prospects; following investment across our network we have increased scale in both geographies and the UK&I simplification actions are continuing at pace'.
Shareholder returns
Shareholders are being asked today to approve a final dividend of 18.2 pence per share, which will be paid on 30 September 2026, to those shareholders who were on the register at close of business on 28 August 2026. This dividend, if approved, will result in a total ordinary dividend payable in respect of the year ended 30 April 2026 of 27.0 pence per share.
Interim results
The Group's next scheduled trading update will be its interim results for the six months ended 31 October 2026, expected on 2 December 2026.
This announcement contains inside information for the purposes of UK MAR. The person responsible for arranging the release of this announcement on behalf of ZIGUP plc is Matthew Barton, Company Secretary.
-Ends-
For further information contact:
Ross Hawley, Head of Investor Relations
+44 (0) 1325 528769
ZIGUP plc published this content on September 29, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 29, 2026 at 06:10 UTC.
ZIGUP plc is an integrated mobility solutions provider, offering a platform that delivers services across the vehicle lifecycle. The Company provides mobility solutions to businesses, fleet operators, insurers, original equipment manufacturers (OEMs), and other customers in a wide range of areas, including vehicle rental, fleet management, accident management, vehicle repairs, and service and maintenance. The Company supports its customers through a network and a diversified fleet of over 130,000 owned and leased vehicles, operating from approximately 180 branches across the United Kingdom, Ireland, and Spain. The Company serves corporate clients ranging from blue-chip companies to small and medium enterprises (SMEs) across various industries, from support services to infrastructure. Its business-to-business (B2B) offerings include rental and incident claims handling, delivered through both retail and partner channels.
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