Member Article

Strong construction demand allays Brexit worries at Mobile Mini

Mobile Mini, a hirer of portable accommodation and secure storage containers, has announced an increase in half year revenue to £28.9m.

Disclosing financials for the period January to June 2016 for its UK business, the Stockton-headquartered firm - which also has a global operations base in Arizona, USA - benefitted from strong demand in the construction sector.

Following a £5.2m investment in new units for its rental fleet, Mobile Mini boasts a rental unit fleet which stands at more than 36,000 across its 16 depots nationwide, from Glasgow to Southampton - including its North East branches in Sunderland and Middlesbrough.

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 the year, the firm 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 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.

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.”

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