Trading Update and Notice of Interim Results

RNS Number : 0256S

Vp PLC

28 September 2017

 

Press Release

28 September 2017

Vp plc

('Vp' or the 'Group')

Trading Update and Notice of Interim Results

Vp plc, the equipment rental specialist, is pleased to provide the following trading update.

The Group continues to experience positive trading in the current financial year which is in line with the Board's expectations.

The UK division has made further progress, with healthy demand from the infrastructure, construction and housebuilding sectors complemented by contributions from Zenith Survey Equipment and Jackson Mechanical Services (UK) which were acquired by the Group in April 2017.

Within the International division, the oil and gas sector remains slow but stable whilst our Asia Pacific based test and measurement business has performed well in the first six months.

We anticipate that Vp will make further progress in the current financial year.

Notice of Interim Results

The Group confirms that it will announce its Interim Results for the six months ending 30 September 2017 on Tuesday, 21 November 2017.  An analyst briefing given by Jeremy Pilkington (Chairman), Neil Stothard (Chief Executive) and Allison Bainbridge (Group Finance Director), will be held at 09.30am on the day of the Interim Results at the offices of Buchanan (107 Cheapside, London EC2V 6DN).

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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/ Maddie Seacombe		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

 

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