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Vp Shares Jump As It Expects Results Ahead Of Market Forecasts

29th Sep 2014 07:52

LONDON (Alliance News) - Equipment rental group Vp PLC Monday said it expects its full-year results to come in ahead of market expectations, sending shares of the group higher in early trade.

Vp shares were up 8.1% to 615.90 pence on Monday.

The company said its has continued to see positive trading conditions in its operating markets, with a particular boost coming from the "gradual but sustained recovery" seen in the general construction and housebuilding markets.

On the back of the performance, the company expects its results for the full year to be ahead of market expectations.

Vp will announced its results for the six months to September 30 on November 27.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2014 Alliance News Limited. All Rights Reserved.


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Vp
FTSE 100 Latest
Value8,809.74
Change53.53