AGM Statement

RNS Number : 6347G

Vp PLC

25 July 2019

 

Press Release

25 July 2019

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, Harrogate, HG3 1JH.  At the AGM, Jeremy Pilkington, Chairman of Vp, will make the following statement:

"Trading in the new financial year has been broadly in line with management expectations.  The core UK markets of infrastructure, construction and housebuilding have continued to be supportive, although we have seen some geographical variance in demand, particularly in London and the South East, where market conditions have been more subdued.  Our International division has also had a satisfactory start to the new trading year.

Notwithstanding an element of uncertainty in the wider economic outlook, we believe that the Group remains well positioned to make further progress in the current financial year."

- Ends -

For further information:

Vp plc
Jeremy Pilkington, Chairman		Tel: [phone]
Neil Stothard, Chief Executive		www.vpplc.com
Allison Bainbridge, Group Finance Director
Media enquiries:
Buchanan
Henry Harrison-Topham / Jamie Hooper/ Tilly Abraham		Tel: [phone]
[e-mail]	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

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

 

END

 

 

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