Vp PLC Vp Plc : Interim Management Statement
February 14 2014 - 2:00AM
UK Regulatory
TIDMVP.
Press Release 14 February 2014
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 26 November 2013.
The Group has continued to trade in line with expectations through the
winter period supported by a steadily improving UK economy. Demand from
infrastructure and housebuilding has remained strong, whilst general
construction is showing some early signs of improvement. Prospects
within the oil and gas sector are steadily improving with a number of
new contracts set to commence in the coming months. Overall the
business continues to deliver solid year on year revenue growth.
The Board expects to report full year profits in line with market
expectations.
- 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 533 400
neil.stothard@vpplc.com
Allison Bainbridge, Group Finance Director Tel: +44 (0) 1423 533 400
allison.bainbridge@vpplc.com
Media enquiries:
Abchurch Communications
Jamie Hooper / Stephanie Watson Tel: +44 (0) 207 398 7719
jamie.hooper @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
This announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
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
HUG#1761990
http://www.vpplc.com
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