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Lower van prices drag Zigup down

Profit from van disposals drops by 26%
Lower van prices drag Zigup down Published on December 4, 2024
  • Increased capex speeds up cash outflow
  • Full-year profit guidance maintained

The 9 per cent post-results drop in Zigup’s (ZIG) share price is understandable. On the face of it, this was an ugly set of numbers, given the level of decline in pre-tax profit on largely flat revenue.

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