21st Jul 2015 11:11
LONDON (Alliance News) - Equipment rental company Vp PLC on Tuesday said it has made a solid start to its new financial year, though activity in the oil and gas sector has yet to pick up.
In a statement issued at the company's annual general meeting, Chairman Jeremy Pilkington said Vp has made a "solid start" to the new financial year, starting in April, with good growth in all of its end markets and particularly in construction and housebuilding.
As it had anticipated, however, Pilkington said the oil and gas sector remains quieter.
"The business continues to trade well overall, and we remain in a good position to deliver further progress in this financial year," Pilkington said.
Vp shares were up 2.0% to 780.00 pence midday Tuesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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