Northgate chairman Michael Waring said: 'Last year we embarked on a five-year strategy for growth in which our stated aim was to double the size of the business. Since January we have seen an improvement in underlying hire rates. With demand for our hire product, Norflex, remaining strong, prospects for the future remain very encouraging.'
Currently operating from 35 hire companies and nine branches, Northgate's five-year plan will see it operate from 100 locations. Vehicle utilisation levels in the last year have been maintained at about 90%.