18th Feb 2008 07:00
Vp PLC18 February 2008 Press Release 18 February 2008 Vp plc ("Vp" or "the Group") Interim Management Statement Vp plc, the equipment rental specialist, today advises that since the InterimResults announcement on 27 November 2007, the performance of the business hasremained positive across the wide range of market sectors which it serves. Activity levels have built up satisfactorily since the Christmas break, andwhilst we have seen no discernible impact from the problems in the widerfinancial markets, the Group remains alert to any changes. USS and PTA,acquired for £0.6m, and Able Safety, acquired for £0.75m, both in November 2007,have integrated well into the Groundforce and Hire Station divisional businessesrespectively. The Group continues to experience good demand for its products and services andexpects to be able to report earnings in line with market expectations, whichwould represent significant growth on the previous year. - Ends - Enquiries:Vp plcJeremy Pilkington, Chairman Tel: +44 (0) 1423 533 [email protected] Neil Stothard, Group Managing Director Tel: +44 (0) 1423 533 [email protected] www.vpplc.com Mike Holt, Group Finance Director Tel: +44 (0) 1423 533 [email protected] www.vpplc.com Media enquiries:Abchurch CommunicationsGrace Marriner/ Louise Thornhill Tel: +44 (0) 113 203 [email protected] www.abchurch-group.com Notes to editors The principal activity of the Group is equipment rental and associated servicesalmost entirely conducted within the UK. Vp plc listed on the London StockExchange in 1973. The Group is focused on six businesses: TPA Portable roadway systems, bridging, fencing and barriers primarily to the UKmarket, 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 maintenanceindustry. Groundforce Excavation support systems and specialist products for the water, civilengineering and construction industries. UK Forks Rough terrain material handling equipment for industry, residential and generalconstruction. Airpac Bukom Oilfield Services Equipment and service providers to the international oil and gas exploration anddevelopment markets. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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