Vp's AGM statement yesterday confirmed a solid start to the new year, building on a record performance in FY15. The Group's key markets continue to perform well, particularly construction and housebuilding, and it is no surprise that oil & gas and transmission are quieter. As anticipated in our recent sector piece, Vp continues to prove its quality in contrast to sector peers, whose strategic narrative had run ahead of their ability to deliver results. We remain strong supporters of Vp's strateg ....
22 Jul 2015
Solid start to FY16, in line with our expectations
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Solid start to FY16, in line with our expectations
Vp's AGM statement yesterday confirmed a solid start to the new year, building on a record performance in FY15. The Group's key markets continue to perform well, particularly construction and housebuilding, and it is no surprise that oil & gas and transmission are quieter. As anticipated in our recent sector piece, Vp continues to prove its quality in contrast to sector peers, whose strategic narrative had run ahead of their ability to deliver results. We remain strong supporters of Vp's strateg ....