We believe that Northgate is a an attractive investment proposal that will return value to shareholders.

The potential for growth is vast with eight million light commercial vehicles driving on roads in the UK, Spain and Ireland. Over recent years the group has delivered a combination of earnings growth, cash generation and dividend growth.

We are now further enhancing our capabilities and bringing our competitive advantages to bear on the market

Kevin Bradshaw Chief executive officer

£701.7m

Total revenue

£57.0m

Profit before tax

7.5%

ROCE (2018)

£29.2m

Underlying free cash flow