Trading Statement
May 02 2003 - 2:00AM
UK Regulatory
BW20030501000065 20030502T060008Z UTC
( BW)(NORTHGATE-PLC)(NTG) Trading Statement
Business Editors
UK REGULATORY NEWS
LONDON--(BUSINESS WIRE)--May 2, 2003--
Northgate plc ("Northgate", the "Company"), the UK's leading light
commercial vehicle hire company, will today be holding briefings with
analysts and investors ahead of its close period before final results.
Trading in January and February 2003 was quieter as a result of the
general economic and political uncertainty. However, business has
subsequently returned to normal levels and the Board anticipates that
the outcome for the full year to 30 April 2003 will be in line with
its previous expectations.
FUALSA, the Spanish van rental company, in which Northgate acquired an
initial 40% stake in July 2002, has traded marginally ahead of the
Board's expectations.
The Group's preliminary results for the year to 30 April 2003 will be
announced on 2 July 2003.
For further enquiries:
Northgate plc Tel: 01325 467558
Steve Smith, Chief Executive Officer
Gerard Murray, Finance Director
Hogarth Partnership Limited Tel: 020 7357 9477
Andrew Jaques
Tom Leatherbarrow
Short Name: northgate plc
Category Code: TST
Sequence Number: 00004472
Time of Receipt (offset from UTC): 20030501T172125+0100
--30--ZW/uk*
CONTACT: Northgate PLC
KEYWORD: UNITED KINGDOM INTERNATIONAL EUROPE
INDUSTRY KEYWORD: TRANSPORTATION
SOURCE: Northgate PLC
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