The vast majority of the FN50 saw pre-tax profits fall year-on-year, according to the latest available figures. A deterioration in residual values was blamed by some, while increasing staff costs were held responsible by others.
from Latest Fleet News news https://www.fleetnews.co.uk/news/fleet-industry-news/2017/11/06/rising-turnover-is-not-matched-by-profits-for-many-fn50-firms-fn50-2017-analysis
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