Contract hire and vehicle management provider Fleet Hire has seen a 60% growth in profits during the 2014/15 trading year.
CEO Graham Hale said: “It’s very encouraging to see the strategy set by the senior management team delivering such healthy returns. We are seeing growth in all key areas of a business following the company’s complete recalibration of its sales proposition over the last few years. We are seeing exciting growth, not only in our mature traditional fleet management and contract hire space with winning an increasing number of fully outsourced contracts within our ‘sweet spot’ of 150-600 fleet sizes, but equally the gaining popularity of our salary sacrifice (under our Car Salary Exchange brand) and spot rental activity.
"Indeed in addition to the straightforward spot rental management of cars and light vans we have become experts at managing the more bespoke HGV requirements of our customers, anything ranging from 18t brick Grabs through to 44t tractor units via our national supply chain management capability.
He continued: "The ability to be able to flexibly handle all of our customer mobility requirements, however large or small under one roof, is proving very attractive to the corporate market place.”