Vp PLC Trading Update and Notice of Interim Results (0637C)
September 27 2018 - 2:00AM
UK Regulatory
TIDMVP.
RNS Number : 0637C
Vp PLC
27 September 2018
Press Release 27 September 2018
Vp plc
('Vp' or the 'Group')
Trading Update and Notice of Interim Results
Vp plc, the equipment rental specialist, is pleased to provide
the following trading update as it enters its close period.
The positive start to the new financial year has been maintained
throughout the summer trading period and the Group has continued to
make good progress.
The UK division has further developed in the period as our core
infrastructure, construction and housebuilding sectors remain
supportive. The Brandon Hire business is integrating well into the
Group's combined tool hire operation and is performing to
expectations.
Within the International division, the oil and gas related
activities have seen some modest upturn as the market slowly
recovers. Our test and measurement business in the Asia Pacific
region, TR Group, has enjoyed a positive first half trading,
delivering valuable year on year growth.
Trading in the current financial year remains in line with the
Board's expectations.
Notice of Results
The Group confirms that it will announce its Interim Results for
the six months ending 30 September 2018 on Tuesday 27 November
2018. An analyst briefing given by Jeremy Pilkington (Chairman),
Neil Stothard (Chief Executive) and Allison Bainbridge (Group
Finance Director), will be held at 09.30hrs on Tuesday, 27 November
2018 at the offices of Buchanan (107 Cheapside, London, EC2V
6DN).
- Ends -
For further information:
Vp plc
Jeremy Pilkington, Chairman Tel: +44 (0) 1423
533 400
Neil Stothard, Chief Executive www.vpplc.com
Allison Bainbridge, Group Finance Director
Media enquiries:
Buchanan
Henry Harrison-Topham / Jamie Hooper / Tel: +44 (0) 20 7466
Madeleine Seacombe 5000
Vp@buchanan.uk.com www.buchanan.uk.com
Notes to Editors
Vp plc is a specialist rental business providing products and
services to a diverse range of markets including infrastructure,
construction, housebuilding and oil and gas, both in the UK and
overseas.
The Group comprises a UK and an International division:
UK
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 & Brandon Hire
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.
International
Airpac Bukom Oilfield Services
Equipment and service providers to the international oil and gas
exploration and development markets.
TR Group
Specialist rental of test & measurement, communications and
audio visual equipment in Australia, New Zealand and Malaysia.
Further information is available at www.vpplc.com/investors
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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