Northgate profits bounce despite tough conditions

Rental giant Northgate posted a 19% increase in half year underlying profit, despite challenging market conditions in the UK and Spain.

Rental giant Northgate posted a 19% increase in half year underlying profit, despite challenging market conditions in the UK and Spain.

Underlying pre-tax profit rose to £32.3m for the six months ended 31 October 2011 from £27m the same time a year before. Underlying revenue rose to £375.7m from £367.9m previously.

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