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’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 ....