Performance Highlights
Financial FY2024
£421.5m
Revenue
£96.8m
Adjusted EBITDA
£14.9m
Operating profit
£69.0m
Operating cash
1.5x
Net debt* to EBITDA**
Non-Financial FY2024
Over £40m
of revenue from new multi-year contracts
63%
Investment in commercially sustainable hire equipment
55%
of our revenue generated from ECO products
601
electric and hybrid commercial vehicles, equating to 57% of our hire fleet
51%
of our hire fleet transitioned to eco alternatives to achieve our target of 70% eco products by 2027
* This metric excludes lease liabilities. See note 21 to the Financial Statements.
** Operating profit before depreciation, amortisation and non-underlying items, where depreciation includes the net book value of planned hire equipment disposals, less the proceeds on those disposals (profit or loss on planned disposals of hire equipment). See note 12 to the Financial Statements.
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