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VP. Vp Plc

590.00
0.00 (0.00%)
Last Updated: 08:00:26
Delayed by 15 minutes
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 Shares Traded Last Trade
  0.00 0.00% 590.00 4,883 08:00:26
Bid Price Offer Price High Price Low Price Open Price
585.00 625.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Heavy Constr Eq Rental,lease 368.69M -5.29M -0.1318 -44.76 236.91M
Last Trade Time Trade Type Trade Size Trade Price Currency
11:44:23 O 102 585.00 GBX

Vp (VP.) Latest News

Vp News

Date Time Source Headline
30/10/202407:00UK RNSVp PLC Notice of Results & Investor Presentations
03/10/202406:01UK RNSVp PLC Trading Update
03/10/202406:00UK RNSVp PLC Acquisition of Charleville Hire and Platform Ltd
13/8/202415:17UK RNSVp PLC Director/PDMR Shareholding
08/8/202412:06UK RNSVp PLC Director/PDMR Shareholding
25/7/202414:09UK RNSVp PLC Results of Annual General Meeting
25/7/202406:00UK RNSVp PLC AGM Statement
24/7/202413:27UK RNSVp PLC PDMR Dealings
24/7/202413:25UK RNSVp PLC PDMR Dealings
24/7/202413:23UK RNSVp PLC PDMR Dealings

Vp (VP.) Discussions and Chat

Vp (VP.) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
11:44:23585.00102596.70O
11:26:19611.6732195.73O
10:54:27605.153,00018,154.50O
10:32:27595.001,4128,401.40O
09:16:53611.67132807.40O

Vp (VP.) Top Chat Posts

Top Posts
Posted at 21/11/2024 08:20 by Vp Daily Update
Vp Plc is listed in the Heavy Constr Eq Rental,lease sector of the London Stock Exchange with ticker VP.. The last closing price for Vp was 590p.
Vp currently has 40,154,253 shares in issue. The market capitalisation of Vp is £236,910,093.
Vp has a price to earnings ratio (PE ratio) of -44.76.
This morning VP. shares opened at -
Posted at 03/10/2024 09:49 by edmonda
No comment! Tody's note does have reductions:

A resilient performance was reported despite challenging macro-economic conditions, plus an attractive accretive purchase in Ireland. Equity Dev's lowered Fair Value is £10/share, still materially above current levels.

Free access to the new note here:
Posted at 25/7/2024 06:28 by edmonda
"Trading in-line and delivering strategic progress"

Today’s AGM update confirms that Vp continues to perform well, reiterating full year expectations despite challenges in certain markets (notably construction). Meanwhile, the new management team is progressing the refreshed strategic priorities set out in June.

Broad market trends are consistent with those reported in recent periods. Infrastructure remains supportive, with good momentum and strong demand in transmission, water and civil engineering, although rail has seen a slower start to the year at the beginning of Control Period 7 (UK’s regulated five-year rail programme). The energy market is positive in the UK and internationally, whilst construction remains mixed (non-residential challenging, housebuilding subdued).

The new management team remains focused on the strategic priorities set out at June’s full year results: cross divisional collaboration, simplifying the Group’s operating model, and developing the digital roadmap.

Vp has an excellent track record of earnings and dividend growth over the long term, underpinned by the specialist focus of its activities and the diversity of its services and end markets. In our view, this track record warrants a premium rating.

We therefore consider the current valuation (a P/E of 9x and a 25% discount to peers) an anomaly and an attractive entry point for this high-quality business. We make no changes to our forecasts and maintain our 1,110p Fair Value estimate.

Link to report:
Posted at 12/6/2024 07:24 by mammyoko
Wonder if VP picked up the Amey contract that HSS have lost. Contract was 25m sales and 2.4m profit for HSS
Posted at 10/6/2024 13:59 by edmonda
Video recording now available - Investor Presentation (FY Results)

Anna Bielby (Chief Executive) and Keith Winstanley (CFO) of Vp plc conducted an Investor Presentation covering Final Results for the year ended 31 March 2024.

The team discussed the solid overall performance despite challenges in some end markets, and the strong Return on Average Capital Employed, slightly ahead of prior year. The opportunity around both bolt on and strategic M&A across their different sectors was explored, along with ongoing digitisation to deliver enhanced procurement and cross selling. Management provided a detailed Financial and Operational review, and took investors through the different components of refreshed strategy. There was also a wide-ranging Question & Answer session at the end of the presentation.

The full video has been divided into chapters, as below:
0:00:03 Video - "We are Vp Group"
0:01:51 Introduction and FY24 highlights
0:07:27 Financial review
0:14:11 Strategy update
0:22:58 Operational review
0:27:52 Summary and outlook
0:28:45 Questions & Answers

Link to full video presentation:
Posted at 31/5/2024 10:00 by edmonda
Save the Date - Investor Presentation on 7th June (sign up at the below link!)

Vp plc (LSE: Vp.), the equipment rental specialist, will be conducting an Investor Presentation covering its Final Results for the year ended 31 March 2024.

The online event will take place at 10.00am on Friday 7th June and will be hosted by Anna Bielby (Chief Executive) and Keith Winstanley (CFO).

The presentation is open to all existing and potential shareholders. Questions can be submitted during the presentation to be addressed at the end.

Link to register:
Posted at 16/4/2024 06:43 by edmonda
"Resilient FY24, confident long-term outlook"

Vp’s full year update highlights sector-leading results, once again benefiting from the diversity of its end markets and the quality of its specialist businesses.

With results expected to be broadly in line with expectations, we trim our FY24 PBT forecast by c.5% to £39.0m, a shade below the FY23 outturn (£40.2m). We consider this an impressively resilient performance set against a mixed market backdrop.

Under new leadership, a strategic refresh is underway and management is confident in long term prospects. In our view, the valuation is compelling (FY25E P/E of c7x). We reiterate our Fair Value estimate of 1090p per share.

Link to research report:
Posted at 28/11/2023 07:21 by edmonda
Vp plc - "5279;;Delivering growth in uncertain markets", new research report here: 

Vp’s interims confirm another solid performance and continued growth despite the challenging backdrop. Revenue increased by 2.4% to £190.9m and adjusted PBT by 1.9% to £21.9m. This is >50% of our full year forecast (trimmed by c.4% to bring us in line with consensus).

Infrastructure demand has driven a positive H1 performance for Vp’s Groundforce, Torrent and TPA businesses. Vp’s experience is consistent with the latest construction industry data, which showsinfrastructure demand offsetting weakness in general construction and housebuilding. Vp is well positioned to benefit when these softer markets return to growth.

The period was notable for the change in leadership with Anna Bielby succeeding Neil Stothard as Group Chief Executive. Keith Winstanley has been appointed Group CFO and joins the Group in January 2024. We expect the refreshed management team to build on the Group’s strong foundations, with Digital innovation and ESG commitment at the forefront of Group strategy.

Following recent share price moves, Vp still trades at a marked discount to its immediate peers and its historic average rating. Over the long term, Vp has traded on a P/E rating of c.12x and the valuation at today’s share price represents a 30% discount to this level. We maintain our Fair Value estimate of £10.90 per share.
Posted at 11/10/2023 06:10 by jonwig
Trading update looks OK. ("Challenging" in construction, but that's no surprise.)



H1 results 28/11.
Posted at 21/9/2023 13:19 by cfro
Well, the share price is now about half where it was when it was put up for sale..

What about all that debt here though, isnt that off-putting to any potential acquirer? They say they are in the process of re-financing and will make an announcement before the interims but with rates going up with them owing so much they are not in a great position to negotiate very good terms..

In turn that could be a big drag on future performance especially if the housing market and construction etc fall into a slump.
Posted at 11/8/2023 06:53 by brummy_git
Today's change at the top of Vp plc is a major milestone for the business.

After >25 years, existing CEO Neil Stothard has decided to retire & hang up his boots (Neil was also apparently an accomplished Oxbridge rugby blue in his day).

Transferring the baton to existing CFO Anna Bielby from 1st Sept.

For investors, I have been covering Vp for almost a decade, and believe this astute transition will work like clockwork.

Sure Neil's leadership, strategic direction & commercial acumen will be sorely missed.

However having spoken to Anna on a number of occasions - I equally know she is a highly capable executive, and will successfully lead Vp plc into the next stages of its life.

Better still, the stock at 575p, looks incredibly under-valued, trading on a 7.2x FY'24 PER.
Vp share price data is direct from the London Stock Exchange