Fleet News

Toad jumps back into operating profit

CAR alarms and audio group Toad has moved into profit for the first time since its shares began trading on the Stock Exchange four years ago. It returned an operating profit of £890,000 for the six months to the end of September, compared to a £1.12 million loss for the same period last year. Turnover increased to £17 million (1997: £2.88 million).

Major initiatives launched during the year include a tie-up with Autoglass, the audio and security equipment replacement firm, to offer a one-stop shop to crime-hit fleet customers and a new alarm supply deal to motorcycle manufacturer Kawasaki.

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee