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Vp hikes dividend as profits rise

By BFN News | 09:26 AM | Tuesday 21 November, 2017


Vp boosted first-half profits and hiked its dividend after revenue rose. Profit before tax and amortisation increased 13% to £21.2m, as revenue jumped 12% to £136.0m. The company increased its interim dividend by 13% to 6.80p per share. "Vp has again delivered an excellent set of results for the half year," chairman Jeremy Pilkington said. "The UK market remains strong, and whilst there is some uncertainty around the implications that Brexit will have on the UK, the day-to-day demand continues to be highly positive." "There is also an improving trend for our international division in the second half of the year." At 9:26am: (LON:VP.) VP PLC share price was +37.5p at 915p Story provided by StockMarketWire.com

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