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Investment and innovation boosts half year results at Mobile Mini

Investment and innovation boosts half year results at Mobile Mini

Mobile Mini a leading hirer of portable accommodation and secure storage containers, with its global operations based in Arizona and UK headquarters based in Stockton on Tees, has announced an increase in half year revenue to £28.9m, for the period January to June 2016 for its UK business.

Revenue has been bolstered by an investment of £5.2m in new units for its rental fleet. This investment includes the recent launch of industry-leading, cost effective and energy efficient Groundhog Fusion mobile welfare units. Mobile Mini’s growing fleet of rental units now stands at more than 36,000 across its 16 depots nationwide, from Glasgow to Southampton.

The company will also invest a further £3.7m this year in its fuel efficient Scania delivery truck fleet, as part of Mobile Mini’s drive to constantly improve its operational efficiency, first class health and safety standards, and customer service. By the end of 2016, Mobile Mini will have a total fleet of 50 lorry mounted loader crane vehicles, one of the largest of its kind in the UK.

Continued investment in its growing workforce across the UK has also taken its total number of employees to more than 400, with 40 new positions created over the past year and 115 of the company’s employees are based at its three North East locations. Mobile Mini continues to invest heavily in its training and development programmes for all existing employees.

Chris Morgan, Managing Director at Mobile Mini, commented: “Despite some uncertainty following the recent Brexit vote, we saw strong growth in the first half of the year and June 2016 in particular was a record month for us, with continued strong demand from the construction industry.

“We’re determined to maintain our market leading position by continuing to invest in our people and products, so that we exceed our customers’ expectations and continue to build strong long term relationships with them.”

www.mobilemini.co.uk

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