Half-year revenue hits £33m for Stockton firm

New directors at Mobile Mini, Ravenstock House, Preston Farm, Stockton. 20/6/16 Pic Doug Moody Photograph

Stockton-based Mobile Mini has announced its UK business grew its half year revenue by almost 14% to £33m, for the first six months of 2017.

Revenue has been bolstered by a further multi-million-pound investment, leading to the addition of another 600 new units to its rental fleet.

This investment includes the recent launch of the industry-leading, cost effective and energy efficient Groundhog Fusion mobile welfare units.

Mobile Mini, a leading hirer of portable site accommodation and secure storage containers, with its global operations based in Arizona, USA, and UK headquarters in Stockton, has seen its fleet of rental units grow to almost 40,000 across its 16 branches nationwide, from Glasgow to Southampton, including its North East branches in Sunderland and Middlesbrough.

The double acquisition late last year of Gateshead-based Containers 2000 and Mr Box, headquartered in Ipswich, has strengthened Mobile Mini’s existing container hire and sales business and helped extend the company’s presence in key non-construction markets such as retail, manufacturing and education.

Continued investment in the company’s 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.

Mobile Mini continues to invest heavily in its training and development programmes for all existing employees.

Managing director Chris Morgan (pictured) said: “We saw strong growth in the first half of the year, 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.”

 

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