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
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
N+1 Singer - Vp - Another period of significant growth
Vp plc (VP:LON) | 555 27.8 0.9% | Mkt Cap: 222.9m
- Published:
21 Nov 2017 -
Author:
James Tetley -
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 ....