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25 Jul 2019 07:00
Press Release | 25 July 2019 |
Vp plc
('Vp' or the 'Group')
AGM Statement
Vp plc, the equipment rental specialist, will hold its Annual General Meeting ('AGM') at 10am today at Rudding House, Rudding Park, Harrogate, HG3 1JH. At the AGM, Jeremy Pilkington, Chairman of Vp, will make the following statement:
"Trading in the new financial year has been broadly in line with management expectations. The core UK markets of infrastructure, construction and housebuilding have continued to be supportive, although we have seen some geographical variance in demand, particularly in London and the South East, where market conditions have been more subdued. Our International division has also had a satisfactory start to the new trading year.
Notwithstanding an element of uncertainty in the wider economic outlook, we believe that the Group remains well positioned to make further progress in the current financial year."
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For further information:
Vp plc |
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Jeremy Pilkington, Chairman | Tel: +44 (0) 1423 533 400 | |
Neil Stothard, Chief Executive | www.vpplc.com | |
Allison Bainbridge, Group Finance Director |
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Media enquiries: |
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Buchanan |
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Henry Harrison-Topham / Jamie Hooper/ Tilly Abraham | Tel: +44 (0) 20 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
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