Vp PLC : Interim Management Statement

Press Release

20 August 2012

Vp plc

("Vp" or "the Group")

 Interim Management Statement

Vp plc, the equipment rental specialist, today provides an update on the performance of the business since the announcement of its Final Results on 29 May 2012.

In the AGM statement issued on 18 July 2012, the Group reported that the new financial year had started well and was in line with management's expectations.  This trend has continued.  The businesses acquired from Balfour Beatty Group in July 2012 are integrating well within Vp.  Despite challenging markets, the Group continues to identify and secure new opportunities.

This promising start to the new financial year, coupled with the Group's continued balance sheet strength and diversity of activity, provides the Board with confidence that Vp will deliver further satisfactory results in the current financial year.
   
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For further information please contact:

Vp plc
Jeremy Pilkington, Chairman	Tel: [phone]
[e-mail]
Neil Stothard, Group Managing Director	Tel: [phone]
[e-mail]
Allison Bainbridge, Group Finance Director	Tel: [phone]
[e-mail]

Media enquiries:

Abchurch Communications
Henry Harrison- Topham / Shabnam Bashir/ Jamie Hooper	Tel: [phone]
[e-mail]	www.abchurch-group.com

Notes to editors:

Vp plc is a specialist rental business providing products and services to a diverse range of markets including civil engineering, rail, oil and gas exploration, construction, outdoor events and industry, primarily within the UK, but also overseas.

The Group is focused on six businesses:

Airpac Bukom Oilfield Services
Equipment and service providers to the international oil and gas exploration and development markets.

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.

Further information available at www.vpplc.com

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Source: Vp PLC via Thomson Reuters ONE

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