20th Aug 2014 07:09
LONDON (Alliance News) - Vp PLC said Wednesday its good start to the new financial year has continued, with demand levels sustained in August and the integration of the Balfour Beatty Rail Ltd business progressing well.
The equipment rental firm said the positive performance reported as its annual general meeting in July has continued into August, with robust demand, in particular from the infrastructure and housebuilding sectors, and a gradual improvement in general construction.
The firm also said integration of Balfour Beatty Rail, acquired in a GBP5.5 million deal announced in July, with its Torrent Trackside business is progressing well.
Vp said it remains well placed to deliver good progress in the current financial year.
Its shares were down 0.4% at 636.55 pence early Wednesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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