UK's ZIGUP surges to year high after half-yearly results
03/12/2025 09:00
** Shares of commercial vehicle rental provider ZIGUP ZIG.L surge nearly 10% to 375.92 p, its highest level since Dec 2024
** Stock top gainer on London's mid caps index .FTMC, which is down 0.26%
** Co to simplify business structure around Northgate Mobility and FMG units; estimates 20 mln pounds ($26.49 mln) in incremental annualised savings by FY28
** Expects full-year underlying PBT to be at least at the top end of analysts' expectations of 150-155 million pounds
** YTD, up to last close, stock up nearly 6% vs 6.25% .FTMC rise
($1 = 0.7551 pounds)
(Reporting by Simone Lobo in Bengaluru)
((Simone.Lobo@thomsonreuters.com, +919920570373))