)
ZIGUP (ZIG) investor relations material
ZIGUP H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
First half performance exceeded expectations, with underlying revenue up 4.5% to £809.9m and fleet exceeding 135,000 vehicles, driven by standout growth in Spain and strong momentum in UK & I.
Strategic simplification and evolution of the UK & I operating model, reorganising into Northgate Mobility and FMG, targets £20m annualised savings by FY2028.
Spain delivered double-digit rental revenue growth and record fleet volumes, supported by focused growth CapEx and robust market conditions.
Interim dividend maintained at 8.8p per share, in line with policy.
Confident in reaching the top end of market expectations for full-year profit, supported by operational improvements and strong cash generation.
Financial highlights
Underlying EBIT increased 1.4% to £100.4m; underlying EBITDA up 7.6% to £246.0m; steady state cash flow more than doubled to £48.6m.
Underlying revenue up 4.5% year-over-year; statutory EBIT rose 14.4% to £83.8m.
Net debt increased to £939m; leverage at 1.9x, within 1-2x target range.
UK & I rental revenue up 6.5% to £208.3m, with rental margin at 16.9%.
Spain rental revenue surged 16.3% to £170.7m, with average VoH up 11.0% and rental margin steady at 19.3%.
Outlook and guidance
Full-year underlying profit before tax expected at or above the top end of the £150m-£155m consensus range.
UK & I rental margin expected within 15-16% target; Claims & Services EBIT margin to approach 5% in H2.
No impact anticipated from UK budget news on current or medium-term guidance.
Annualised savings of £20m targeted by FY2028 from operating model changes, with about half realised in FY27.
Next ZIGUP earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)