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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Vp Plc | LSE:VP. | London | Ordinary Share | GB0009286963 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 540.00 | 545.00 | 570.00 | 2,001 | 12:54:05 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Heavy Constr Eq Rental,lease | 371.52M | 23.01M | 0.5730 | 9.42 | 216.83M |
TIDMVP.
RNS Number : 7814M
Vp PLC
01 August 2017
Press Release 1 August 2017
Vp plc
('Vp' or the 'Group')
AGM Statement
Vp plc, the equipment rental specialist, announces that at the Group's Annual General Meeting held earlier today, all resolutions put to Shareholders by the Board were duly passed.
Speaking at the Annual General Meeting, Jeremy Pilkington, Chairman, commented:
"I am pleased to report that the Group has continued to trade in line with the Board's expectations and has made a positive start to the new financial year.
In the UK, markets remain stable, with infrastructure, construction and housebuilding, in particular, providing good demand for our range of services.
The two acquisitions of Zenith Survey Equipment Ltd and Jackson Mechanical Services (UK) Ltd, both announced in April 2017, are integrating well and have made an encouraging start within the Group.
In our International division, the slow oil and gas market, as anticipated, continues to restrict opportunities, but the specialist test and measurement activities in the Asia Pacific region are trading well.
We are pleased with the start Vp has made to the new financial year, and whilst we remain alert to any changes to market sentiment, we remain confident of delivering another year of progress for the Group."
- 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 Tel: +44 (0) 20 Hooper/ Maddie Seacombe 7466 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
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 company news service from the London Stock Exchange
END
AGMEADPFEADXEFF
(END) Dow Jones Newswires
August 01, 2017 09:30 ET (13:30 GMT)
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