Vp’s FY21 results confirm a sustained recovery over recent months and a strong April/ May performance. This gives the Board increasing confidence in the outlook for the current year, supported by medium term demand drivers across key end markets, particularly infrastructure. We upgrade our forecasts again (PBT +10%/+8% for FY22/FY23) and continue to see scope for outperformance. Vp’s focus on Digital and ESG innovation provides further evidence of the Group’s quality and long term focus. In our ....
08 Jun 2021
Quality shining through, further upgrades
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Quality shining through, further upgrades
Vp plc (VP:LON) | 608 182.3 5.2% | Mkt Cap: 243.9m
- Published:
08 Jun 2021 -
Author:
James Tetley -
Pages:
3
Vp’s FY21 results confirm a sustained recovery over recent months and a strong April/ May performance. This gives the Board increasing confidence in the outlook for the current year, supported by medium term demand drivers across key end markets, particularly infrastructure. We upgrade our forecasts again (PBT +10%/+8% for FY22/FY23) and continue to see scope for outperformance. Vp’s focus on Digital and ESG innovation provides further evidence of the Group’s quality and long term focus. In our ....