ZIGUP plc

Zigup reported a 9.7% increase in underlying EBIT to GBP 164 million for the full year, with group revenue reaching GBP 1.86 billion. The company raised its full-year dividend by 2.3% to GBP 0.27 per share. Spain was the standout growth market, with rental revenue up more than 16% and margins holding at 19.3%, while the company also raised margin guidance for the region. Cash generation improved, with steady-state cash rising GBP 79 million to GBP 96 million, and the company remains on track to deliver GBP 20 million in run-rate savings by fiscal 2028. Zigup also exited non-core businesses NewLaw and ChargedEV, which management said should improve profitability going forward.

Zigup reported a slight increase in pre-tax profit for fiscal 2026, edging up 0.5 percent to 102.00 million pounds, while raising its final dividend to 18.2 pence per share from 17.6 pence. Revenue grew 2.6 percent to 1.86 billion pounds, and underlying EBITDA rose 8.2 percent to 502.6 million pounds. Profit after tax fell to 76.16 million pounds from 79.85 million pounds due to higher taxation charges. The company expects fiscal 2027 profit growth in line with market expectations, with analyst forecasts for adjusted pre-tax profit ranging between 162.9 million and 170.0 million pounds.