Northgate plc announced trading results for the third quarter ended 31 January 2018. For the quarter, the company reported average group vehicles on hire
of 85,300 up 5.0% from comparative quarter in prior year.

The company provided earnings guidance for the fiscal year 2018. Underlying fiscal year 2018 PBT is expected to be 25% lower than the £75.0 million reported in fiscal year 2017 due primarily to the application of this strategy but also a reduction in UK rental profit.