BUZZ-Northgate: worst day in a year as UK disappoints
** Van hire co Northgate (Other OTC: NGTEF - news) down >10%, set for biggest one-day drop in a year and by far and away top faller on FTSE 250 in heavy volume
** Company's underlying net profit falls 9.5 pct to 75 mln pounds hit partly by lower number of vehicles on hire in the UK
** Co says closing vehicles on hire of 39,500 in UK, lower than 42,400 as of April 2016 due to weak second half following seasonal peak
** Challenges in UK, including leadership and marketing, have been identified and addressed before and more new leadership appointments in UK will take time to bed in - Jefferies analyst
** However, co raises full year dividend by 8 pct to 17.3 pence
** Shares (Berlin: DI6.BE - news) touch their lowest this year