Vp PLC Trading Update (0015L)
September 28 2016 - 2:00AM
UK Regulatory
TIDMVP.
RNS Number : 0015L
Vp PLC
28 September 2016
For immediate release 28 September 2016
Vp plc
('Vp' or the 'Group')
Trading Update
Capital Markets Day
Notice of Interim Results
Trading Update
Vp plc, the equipment rental specialist, is pleased to provide
the following trading update as it enters its close period.
The Group has maintained its positive start to the financial
year with good progress made in the majority of its markets.
The UK division has enjoyed healthy trading within the
construction and housebuilding sectors, supported by solid demand
from the infrastructure markets, and is delivering good year on
year growth.
Within the International division, TR Group which we acquired in
April 2016, is integrating well within the overall Group and
trading in line with our expectations. The oil and gas sector
remains challenging.
Overall Vp is trading well and we continue to anticipate making
further good progress in the year.
Capital Markets Day
Vp plc is hosting an investor presentation today at the offices
of Buchanan, 107 Cheapside, London, EC2V 6DN. There will be no new
material information included in the presentation.
Notice of Interim Results
The Group confirms that it will announce its Interim Results for
the six months ending 30 September 2016 on Tuesday 29 November
2016. An analyst briefing given by Jeremy Pilkington (Chairman),
Neil Stothard (Chief Executive) and Allison Bainbridge (Group
Finance Director), will be held at 09.30am on Tuesday 29 November
2016, at the offices of Buchanan.
- 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 / Jane Tel: +44 (0) 20
Glover 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 and tracked access
platforms 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 to a breadth of markets including
electrical, telecommunications, manufacturing, construction,
defence, oil and gas, mining, and government 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
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