Vp PLC Vp Plc : Interim Management Statement
February 24 2015 - 1:00AM
UK Regulatory
TIDMVP.
Press Release 24 February 2015
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 27 November 2014.
The Group has continued to trade well through the winter period assisted
by relatively mild weather conditions and customer demand has picked up
steadily through the early part of 2015. The construction,
housebuilding and infrastructure sectors remain strong, though the Board
does anticipate a limited impact on the Group's oil and gas related
activities following on from the recent reduction in global oil prices.
Overall the business is trading well, and with a momentum that leads the
Board to believe that the Group will deliver full year results ahead of
current market expectations for the year ended 31 March 2015.
- 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
Henry Harrison-Topham / Jamie Hooper Tel: +44 (0) 207 398 7719
Vp@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#1896614
http://www.vpplc.com
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