During today’s choppy coronavirus induced seas, it’s nice to find a relatively safe port for investors to anchor until the storm passes. This morning, specialist equipment rental firm Vp said that H2’20 trading had been “satisfactory”. With softness in UK construction, particularly around London & the South East (pre/post the UK General Election) – being partly offset by infrastructure & housebuilding, which “held up well”, reflecting low borrowing costs, good mortgage availability and the popular Help to Buy scheme.
25 Mar 2020
Safe harbour amidst COVID-19 storm
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Safe harbour amidst COVID-19 storm
Vp plc (VP:LON) | 555 -27.8 (-0.9%) | Mkt Cap: 222.9m
- Published:
25 Mar 2020 -
Author:
Paul Hill -
Pages:
11
During today’s choppy coronavirus induced seas, it’s nice to find a relatively safe port for investors to anchor until the storm passes. This morning, specialist equipment rental firm Vp said that H2’20 trading had been “satisfactory”. With softness in UK construction, particularly around London & the South East (pre/post the UK General Election) – being partly offset by infrastructure & housebuilding, which “held up well”, reflecting low borrowing costs, good mortgage availability and the popular Help to Buy scheme.