Press Release | 20 August 2013 |
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 4 June 2013.
The AGM statement issued on 23 July 2013 reported that the new financial year had started well and in line with management expectations. Since then, the business has continued to experience good demand, in particular from the infrastructure, utility and housebuilding sectors, which is helping to deliver solid year on year revenue growth.
The Group remains well positioned to invest further into the business in support of new opportunities as they are secured and to deliver further good progress in the current financial year.
- Ends -
For further information please contact:
Vp plc | |
Jeremy Pilkington, Chairman | Tel: +44 (0) 1423 533 400 |
jeremypilkington@vpplc.com | |
Neil Stothard, Group Managing Director | Tel: +44 (0) 1423 533 445 |
neil.stothard@vpplc.com | |
Allison Bainbridge, Group Finance Director | Tel: +44 (0) 1423 533 445 |
allison.bainbridge@vpplc.com | |
Media enquiries: | |
Abchurch Communications | |
Sarah Hollins | Tel: +44 (0) 207 398 7780 |
sarah.hollins@abchurch-group.com | 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