SG Fleet Group's Profits and Revenue Rise for 1HFY2018

Company News

by Anna Napoli

Fleet Management company SG Fleet Group (ASX:SGF) has reported an 19 per cent rise in net profit after tax to $32 million for the first half of this financial year compared to the same time last year.

The company also reported a rise of over 15 per cent in its revenue over the period to $154 million.

SG Fleet Group declared interim dividend of 8.78 cents per share, a rise of 16.5 per cent.

All this comes at a time when the business says it’s seeing increased traction with corporate and government customers, while its also ramping up operations in the UK and New Zealand

Shares in SG Fleet Group (ASX:SGF) are trading 7.06 per cent lower at $3.97.

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.