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VP. - VP News Story

860p -20.0  -2.3%

Last Trade - 06/12/19

Sector
Industrials
Size
Small Cap
Market Cap £345.3m
Enterprise Value £513.5m
Revenue £382.8m
Position in Universe 657th / 1840

Vp PLC - AGM Statement

Thu 2nd August, 2018 7:00am
RNS Number : 5390W
Vp PLC
02 August 2018
 

For immediate release

2 August 2018

 

Vp plc

 

('Vp' or the 'Group')

 

AGM Statement

 

Vp plc, the equipment rental specialist, will hold its Annual General Meeting ('AGM') at 10am today at Rudding House, Rudding Park, Follifoot, Harrogate HG3 1JH.  At the AGM, the Chairman of Vp, Jeremy Pilkington, will make the following statement:

 

"I am pleased to report to shareholders on a positive start to the new financial year.

 

In the UK, our core markets have enjoyed supportive demand and the integration of Brandon Hire, acquired in November 2017, is progressing well and is trading in line with the Board's expectations.

 

Within the International division, our oil and gas support business, as anticipated, has seen some modest recovery.  The test and measurement activities in Asia Pacific have also continued to trade well.

 

Vp has made a good start to the new financial year and notwithstanding the inevitable macro market uncertainties, we believe that the Group is set to deliver further progress."

 

- Ends -

 

For further information:

 

Vp plc

 

Jeremy Pilkington, Chairman

Tel: +44 (0) 1423 533 400

Neil Stothard, Chief Executive

www.vpplc.com

Allison Bainbridge, Group Finance Director

 

 

 

Media enquiries:

 

Buchanan

 

Henry Harrison-Topham / Jamie Hooper / Madeleine Seacombe

Tel: +44 (0) 20 7466 5000

Vp@buchanan.uk.com

www.buchanan.uk.com

     

 

Notes to Editors

Vp plc is a specialist rental business providing products and services to a diverse range of markets including infrastructure, construction, housebuilding and oil and gas, both in the UK and overseas.

 

The Group comprises a UK and an International division:

 

UK

 

Groundforce

Excavation support systems and specialist products for the water, civil engineering and construction industries primarily in the UK, but also in the Republic of Ireland and mainland Europe.

 

Hire Station & Brandon Hire

Tools and specialist products for industry, construction and home owners.

 

Torrent Trackside

Infrastructure equipment and services for the railway renewals and maintenance industry.

 

TPA

Portable roadway access solutions to the transmission, outdoor events, construction and utility sectors in the UK, the Republic of Ireland and mainland Europe.

 

UK Forks

Rough terrain material handling equipment for the housebuilding, general construction and industrial markets.

 

International

 

Airpac Bukom Oilfield Services

Equipment and service providers to the international oil and gas exploration and development markets.

 

TR Group

Specialist rental of test & measurement, communications and audio visual equipment in Australia, New Zealand and Malaysia.

 

Further information is available at www.vpplc.com/investors

 

 

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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