SG Fleet Group Ltd. (AU:SGF) has released an update.
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SG Fleet Group Ltd. experienced a remarkable year, with profits surging nearly 20%, driven by record-high orders and deliveries across various channels. Despite a slower than expected decline in used vehicle values, the company maintained strong earnings and declared a special dividend, doubling its previous year’s payout. SG Fleet is optimistic about future growth, especially with the ongoing LeasePlan integration and the increasing demand for novated leasing and low-emission vehicles.
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