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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April 10, 2026 16:21 ET Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.