Vp’s interims confirm another period of significant progress. The key infrastructure, residential and general construction markets remain supportive and Vp is investing in fleet expansion and M&A to accelerate growth. The outlook statement is confident and the Group is well on track to deliver a strong full year outturn. Having upgraded FY19 by 14% for the Brandon Hire acquisition last week, we leave our PBT forecasts unchanged at this stage, but nudge EPS higher by 2%. We also introduce FY20 fo ....

21 Nov 2017
N+1 Singer - Vp - Another period of significant growth

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N+1 Singer - Vp - Another period of significant growth
Vp plc (VP:LON) | 600 0 0.0% | Mkt Cap: 240.9m
- Published:
21 Nov 2017 -
Author:
Singer CM Team -
Pages:
7 -
Vp’s interims confirm another period of significant progress. The key infrastructure, residential and general construction markets remain supportive and Vp is investing in fleet expansion and M&A to accelerate growth. The outlook statement is confident and the Group is well on track to deliver a strong full year outturn. Having upgraded FY19 by 14% for the Brandon Hire acquisition last week, we leave our PBT forecasts unchanged at this stage, but nudge EPS higher by 2%. We also introduce FY20 fo ....