Fleet News

Pre-tax profits dip substantially even though revenues increase

istock profits chart arrows fiscal

Company car numbers are down, but new low BIK rates are reviving interest. Gareth Roberts examines the figures

Pre-tax profits for the FN50 have declined by 23.1% year-on-year (YOY), after reaching a record high in 2018. 

Collectively, the country’s top 50 vehicle leasing companies reported £641 million* in profits – £193m less than the £834m achieved the previous year.

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