Vp PLC : Interim Management Statement

Press Release

24 February 2015

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 Interim Results on 27 November 2014.

The Group has continued to trade well through the winter period assisted by relatively mild weather conditions and customer demand has picked up steadily through the early part of 2015.  The construction, housebuilding and infrastructure sectors remain strong, though the Board does anticipate a limited impact on the Group's oil and gas related activities following on from the recent reduction in global oil prices.

Overall the business is trading well, and with a momentum that leads the Board to believe that the Group will deliver full year results ahead of current market expectations for the year ended 31 March 2015.

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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 / 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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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Vp PLC via Globenewswire

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