“Form is temporary, but class is permanent” is a sporting truth that equally applies to the corporate world, describing those companies that consistently outperform. One such stock is Vp, who today issued another “excellent” set of results. FY17 PBTA and EPS coming in at £34.9m (+17%) and 69.5p (+12%) respectively, with the dividend hiked up 17% to 22p on the back of 16% ROCE - once again in excess of the Board’s stretching ‘through-cycle’ goal of 15%.
06 Jun 2017
Making all the right moves
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Making all the right moves
“Form is temporary, but class is permanent” is a sporting truth that equally applies to the corporate world, describing those companies that consistently outperform. One such stock is Vp, who today issued another “excellent” set of results. FY17 PBTA and EPS coming in at £34.9m (+17%) and 69.5p (+12%) respectively, with the dividend hiked up 17% to 22p on the back of 16% ROCE - once again in excess of the Board’s stretching ‘through-cycle’ goal of 15%.