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NCP plans more car parks as it prepares for full listing

National Parking Corporation (NCP) is planning new car parks before the end of the financial year. It hopes to lift its 12% market share through the purchase of council and local authority car parks. It is preparing for a full stock market listing within two years.

It is to spend £7.5m improving its Leeds-based control centre for its Green Flag business which operates breakdown services for motorists.

NCP announced pre-tax profits for the six months to October down from £21m to £20.7m. It has more than 520 car parks under the NCP brand in the UK.

  • The Times 10/12/96 page 27
  • The Independent 10/12/96 page 19
  • Financial Times 10/12/96 page 24

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