Vp plc(VP.L), an equipment rental business, on Friday reported that it maintains profit guidance amid tough market conditions as infrastructure demand holds up in Weak economy.
For fiscal 2026, Net profit is expected to be between 26 million pounds to 29 million pounds.
Electricity transmission within infrastructure is growing with strong UK and European demand.
The company said that, Rail activity is steady but subdued, though future project pipelines are visible.
Water is showing positive lead indicators as AMP8 enters Year 2, underpinning confidence for better fiscal 2027 revenues.
Specialist construction stays supportive, particularly in London and the Republic of Ireland.
Meanwhile, Housebuilding remains subdued but prospects are improving as Homes England's Social and Affordable Homes Programme 2026-2036 commences.
Vp said the Middle East conflict's immediate effect has been confined to higher fuel costs, which it has largely offset via customer pricing.
The company works to push its digital roadmap to improve pricing, customer service and cross divisional work
Looking ahead to fiscal year 2026, although market conditions remain mixed, Vp cited its diversified model, financial strength and infrastructure exposure as a solid base. The board is confident in the Group's positioning and future performance.
On the London Stock Exchange, shares of Vp plc were trading 0.63 percent higher, at 483 pence.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.