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Vp Plc Says H1 Trading Resilient Despite Market Headwinds

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Vp Plc (VP.L), a specialist equipment rental company, said on Thursday that its trading for the six-month period to September 30 remained resilient, despite challenging macro-economic conditions.

Anna Bielby, Chief Executive of Vp, said, "Despite an uncertain and challenging economic backdrop, we have delivered a resilient performance which is testament to our specialist businesses and diversified revenue streams."

However, as a result of current market headwinds in construction and uousebuilding, alongside a slower start to CP7, the company said, it now expects to report an annual adjusted profit of around 37 million pounds.

Earlier, the Board was expecting its full-year earnings in line with its expectations.

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