Peter M. Dawson, Chairman, commented:
"Our focus on renting premium equipment with outstanding customer service will continue and it is very encouraging to see the proportion of business from long term contracts increasing as more customers benefit from the whole range of products and services offered by the group.
Recent investments in customer focused IT and new product offerings show promise, continuing the development of Dawsongroup from an asset rental provider to a full business solutions partner. Our focus for 2018 will be to continue to develop our market advantage in truck and trailer provision, further consolidate our position in Europe and continue the expansion of Dawsongroup Vans and Dawsongroup Finance. We plan to continue to expand revenues by introducing existing customers to wider group business opportunities as well as improving our web and social media presence. Market uncertainties will continue to dictate a cautious approach to 2018 and we anticipate significant commercial pressures will restrain business performance for a time. In particular, asset disposal channels are constrained by oversupply in certain sectors and the inflationary effects of Brexit and any arising market confidence issues will require close management".
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