You can’t keep a great company down. This morning, against a backdrop of more subdued UK building activity ahead of the EU Referendum, Vp posted another set of record results. Driving operating margins up to 15.3% from 14.0%, on the back of improved divisional mix, operational gearing and asset disposals – significantly above rivals, Speedy Hire and HSS (see below), who have both stumbled of late.

07 Jun 2016
Second record breaking year in a row

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Second record breaking year in a row
Vp plc (VP:LON) | 590 -47.2 (-1.3%) | Mkt Cap: 236.9m
- Published:
07 Jun 2016 -
Author:
Paul Hill -
Pages:
7 -
You can’t keep a great company down. This morning, against a backdrop of more subdued UK building activity ahead of the EU Referendum, Vp posted another set of record results. Driving operating margins up to 15.3% from 14.0%, on the back of improved divisional mix, operational gearing and asset disposals – significantly above rivals, Speedy Hire and HSS (see below), who have both stumbled of late.