387.80p-3.34%

Our business: Spain

Our business in Spain operates vehicles from a national network of locations with customers varying in size and operating in a range of sectors. Our employees work hard to support the widest range of commercial vehicle hire solutions available across the largest geographical branch network in Spain.

Our initial entry into Spain was in 2002 though the acquisition of the two main flexible rental companies.  The Spanish business has operated as Northgate España since 2011.

In Spain, our modern fleet is comprised of 40% cars and 60% commercial vehicles including HGVs and trucks.

We offer flexible and fixed term vehicle hire as our core business with a national network of hire locations. They serve customers from a wide range of industries of which construction, transport, commerce and support services are the largest.

Our vehicle sales operation in Spain comprises nine dedicated sales sites, supporting the management of our fleet through its life cycle.

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Our locations*

 

*Excludes Canary Islands

Financials

2018 Average VOH
40,300
Rental Profit
£29.0m
Rental Margin
15.4%
Revenue -vehicle hire
£187.6m
2017 36,000 £25.5m 15.6% £163.4m

Fleet summary

Cars Small vans Medium vans Large commercial and other 4x4s

40%

41%

13%

1%

5%

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Citroen Peugoet Ford Opel Renault Others

21%

19%

10%

10%

23%

17%

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Vehicle sales

Vehicles sold
13,000

Revenue vehicle sales
£73.5m

Vehicle purchases

 

Growth Capex
£72.0m