Friday, January 30, 2015
Fleet Alliance reports record revenue and profits in 2014
Fleet Alliance saw its revenue and profitability climb to record levels in 2014, while its fleet size was the largest since launch.
This was the fourth successive record year in terms of these variables.
The vehicle funding and fleet management company reported an increase of 58% in operational profit and 36% in revenue, compared to 2013.
By the end of last year, Fleet Alliance had a record fleet size of 18,209 vehicles under management on behalf of business customers. According to the company, there was a rise in customers from both the SME and mid-corporate sectors of the market.
Fleet Alliance managing director, Martin Brown said: "Our continued growth has come from both the SME sector where more small companies have been encouraged to invest and expand, and from the mid-sized corporate sector where we have seen a string of new business wins.
"We are forecasting another strong year again this year based on a variety of positive economic indicators, including record-low interest rates and inflation and a very strong air of business confidence."
DATED: 30.01.15
FEED: MF
