VHE Holdings PLC
19 September 2000
VHE Holdings plc
Chairman's AGM Statement
VHE Holdings plc, the UK's premier land regeneration and reclamation
contractor, held its AGM at 10:00am today in Barnsley. Following the formal
proceedings of the meeting Mike Laycock, the Chairman, made the following
statement to shareholders:
'Three months ago in the annual report I said, 'I very much look forward to
contributing to an improving, stable and profitable VHE Group'. This is
happening and all our operating companies are now profitable.
We have a strong order book, £31 million as at end of July and are currently
pursuing a number of excellent contract opportunities.
The return to profitable trading achieved in the second half of last year has
continued in the first half of this year. We are in a sound position to
maintain this profitable trend for the full year ending 31 March 2001.'
For further information contact:
VHE Holdings plc
Mike Laycock, Chairman Tel: 01226 715666
Philip Underwood, Managing Director
Binns & Co.
Simon Ellis Tel: 020 7786 9600