Northgate set for turnaround

Light commercial vehicle hire business Northgate (LON:NTG) is publishing its full year figures on Tuesday. The results to April 2019 were flagged in a trading statement and it will be current trading and corporate governance issues that will be of most interest.

Trading comments from fully listed Northgate have been cautious and there are a wide range of pre-tax profit forecasts for 2019-20. They start at around £57m and go up to £69m. It is possible that some of the higher end forecasts have not fully taken into account the comments from a couple of months ago.

Analysts expect underly...

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Andrew Hore
Andrew Hore is the publisher of AIM Journal, which is an online monthly publication covering the Alternative Investment Market.