Vp’s interims confirm a resilient performance set against the challenges of COVID-19 over the summer. Activity levels are gradually recovering towards pre-COVID levels and recent cash generation has been excellent. A 22p special dividend has been announced in lieu of last year’s final, further confirmation that the recovery has taken hold. We reintroduce forecasts within this note, prudently assuming only a continuation of current run rates over the coming months. Even on this conservative basis ....
07 Dec 2020
Demonstrating resilience and earnings quality
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Demonstrating resilience and earnings quality
Vp plc (VP:LON) | 555 -27.8 (-0.9%) | Mkt Cap: 222.9m
- Published:
07 Dec 2020 -
Author:
James Tetley -
Pages:
3
Vp’s interims confirm a resilient performance set against the challenges of COVID-19 over the summer. Activity levels are gradually recovering towards pre-COVID levels and recent cash generation has been excellent. A 22p special dividend has been announced in lieu of last year’s final, further confirmation that the recovery has taken hold. We reintroduce forecasts within this note, prudently assuming only a continuation of current run rates over the coming months. Even on this conservative basis ....