Key Points – Zigup delivered solid FY2026 growth, with group revenue rising to GBP 1.86 billion and underlying EBIT up 9.7% to GBP 164 million.
Management said the results reflected strong performance in core rental businesses, while the full-year dividend was lifted 2.3% to GBP 0.27 per share. – Spain was the standout growth market, with rental revenue up more than 16% and margins holding strong at 19.3%
The company continued to invest in the region, including new delivery hubs and a large contract with Adif, while also raising margin guidance for Spain. – Cash generation improved and simplification efforts stayed on track, with steady-state cash rising GBP 79 million to GBP 96 million and the company targeting GBP 20 million of run-rate savings by FY2028. Zigup also exited non-core businesses NewLaw and ChargedEV, which management says should improve profitability going forward. Zigup (LON:ZIG) reported what management described as a year of “strong operational and financial progress” in its 2026 full-year results, with growth across revenue, fleet on rent and underlying earnings, while the company continued to invest in Spain and advance a simplification program in the U.K. and Ireland.
In the results presentation, management said revenue and closing fleet on rent both grew by more than 5%, while EBIT before disposal profits rose by just under 10%. Rachel Coulson, chief financial officer of ZIGUP, said group revenue increased to GBP 1.86 billion, while underlying revenue excluding vehicle sales rose 5.2%. Underlying EBIT excluding disposal profits grew 9.7% to GBP 164 million, which Coulson said reflected strength in the core rental businesses and continued progress in claims and services.