Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
Register now or login to post to this thread.
  • Page:
  • 1

Vp PLC - Specialist Equipment Rental (VP.)     

PapalPower - 22 Mar 2008 05:15

Chart.aspx?Provider=EODIntra&Size=283*18Chart.aspx?Provider=Intra&Code=VP.&Size=


Group Web Site : http://www.vpplc.com/


Vp plc, the equipment rental specialist formerly called Vibroplant which was founded in 1954. Vp is a well established group which has evolved over its 50 years of trading from a broadly based plant hire company to a service based group providing equipment rental and associated services to a range of market sectors. Floated on the London Stock Exchange in 1973, Vp now comprises 6 business divisions :-

TPA
Portable roadway systems, bridging, fencing and barriers primarily to the UK
market, but also in the Republic of Ireland and mainland Europe.

Hire Station
Tools and specialist products for industry, construction and home owners.

Torrent Trackside
Infrastructure equipment and services for the railway renewals and maintenance
industry.

Groundforce
Excavation support systems and specialist products for the water, civil
engineering and construction industries.

UK Forks
Rough terrain material handling equipment for industry, residential and general
construction.

Airpac Bukom Oilfield Services
Equipment and service providers to the international oil and gas exploration and
development markets.

PapalPower - 22 Mar 2008 05:15 - 2 of 16

2

PapalPower - 22 Mar 2008 05:15 - 3 of 16

3

PapalPower - 22 Mar 2008 05:15 - 4 of 16

4

PapalPower - 22 Mar 2008 05:16 - 5 of 16

5

PapalPower - 22 Mar 2008 05:16 - 6 of 16

Last Update :

http://www.investegate.co.uk/Article.aspx?id=200802180700221573O

Vp PLC
18 February 2008

Vp plc

('Vp' or 'the Group')

Interim Management Statement

Vp plc, the equipment rental specialist, today advises that since the Interim
Results announcement on 27 November 2007, the performance of the business has
remained positive across the wide range of market sectors which it serves.

Activity levels have built up satisfactorily since the Christmas break, and
whilst we have seen no discernible impact from the problems in the wider
financial markets, the Group remains alert to any changes. USS and PTA,
acquired for 0.6m, and Able Safety, acquired for 0.75m, both in November 2007, have integrated well into the Groundforce and Hire Station divisional businesses respectively.

The Group continues to experience good demand for its products and services and
expects to be able to report earnings in line with market expectations, which
would represent significant growth on the previous year.

- Ends -

PapalPower - 22 Mar 2008 05:16 - 7 of 16

Shares in issue: 46.2m 5p Ords

Major Shareholders % Holding

Ackers P Investment Company ======== 51.28%
JP Morgan Fleming Asset Management = 9.25%
VP employee trust ================== 8.00%

PapalPower - 22 Mar 2008 05:17 - 8 of 16

Profits should be circa 19 million and that will equate to earnings of around 30p levels, all being well, leading to a div of circa 10p (giving Yield circa 3%)

PapalPower - 02 Apr 2008 07:08 - 9 of 16

http://www.investegate.co.uk/Article.aspx?id=200804020701043614R


Vp PLC
02 April 2008

Vp plc

('Vp' or 'the Group')

Acquisition

Vp plc, the equipment rental specialist, announces the acquisition of the entire
issued share capital of UM (Holdings) Limited and its subsidiaries ('U Mole')
for a consideration of 4.5m.

U Mole, which operates across the UK from its base in Cambridgeshire, has been
established for over 20 years and is a leading provider for the hire and sale of
trenchless installation equipment to the utility contracting markets.

U Mole will operate as a separate activity within Vp's Groundforce division,
managed by the highly experienced team transferring with the business. U Mole's
services and expertise in trenchless technology techniques are complementary to
Groundforce's existing expertise in providing shoring solutions for conventional
excavations.

Jeremy Pilkington, Chairman of Vp plc commented:

'We are delighted to welcome the long established and well respected U Mole
business into Vp. U Mole, operating in the regulated utilities sector with
which we are familiar, provides value added services and expertise which will
complement Vp's existing offering to those markets.'


- Ends -

For further information please contact:

Vp plc
Jeremy Pilkington, Chairman Tel: +44 (0) 1423 533 400
jeremypilkington@vpplc.com

Neil Stothard, Group Managing Director Tel: +44 (0) 1423 533 445
neil.stothard@vpplc.com www.vpplc.com

Mike Holt, Group Finance Director Tel: +44 (0) 1423 533 445
mike.holt@vpplc.com www.vpplc.com


Media enquiries:

Abchurch Communications
Sarah Hollins/ Louise Thornhill Tel: +44 (0) 113 203 1341
sarah.hollins@abchurch-group.com www.abchurch-group.com

PapalPower - 04 Apr 2008 08:04 - 10 of 16

Vp PLC
04 April 2008

Vp plc
('Vp' or 'the Group')

Acquisition


Vp plc, the equipment rental specialist, announces the acquisition of the entire issued share capital of Redding Hire Limited ('Redding') for a consideration of 2.9m.

Redding, which operates from its base in Northamptonshire, has been established
for over 17 years and is engaged in the hire and sale of shoring products and
plant to the construction and civil engineering sectors.

Redding will operate within Vp's Groundforce division, enhancing the
geographical network for that business. In the future, Redding will be able to offer its customer base a wider range of services.

Jeremy Pilkington, Chairman of Vp plc commented:

'We are very pleased to acquire the Redding business which will further
strengthen Groundforce's geographical distribution and customer base.'



- Ends -

PapalPower - 11 Apr 2008 14:56 - 11 of 16

Breaking out of the sideways trend now, and its upwards we go.

PapalPower - 07 May 2008 07:10 - 12 of 16

Vp PLC
07 May 2008

Vp plc
('Vp' or 'the Group')

Acquisitions


Vp plc, the equipment rental specialist, announces the acquisition of two
businesses.

Vp's tool hire subsidiary Hire Station has acquired the entire issued share
capital of Arcotherm (UK) Limited ('Arcotherm') for a cash consideration of
0.65m. Arcotherm, which has been established for over 15 years, is engaged in
the hire and sale of heaters, air conditioners and dehumidifiers from branches
in Stoke on Trent and Oxford. Arcotherm will be integrated within Climate Hire, Hire Station's specialist cooling, heating, drying and environmental products activity.

Hire Station has also completed the purchase of the business and assets of DJ
Tool Hire Ltd (in administration), a North East based tool hire business. This
acquisition further strengthens Hire Station's tool hire network in the North
East.

Jeremy Pilkington, Chairman of Vp plc commented:

'The acquisition of Arcotherm represents a further important step in the
establishment of Hire Station's climate products business, Climate Hire, and
brings with it a wealth of valuable expertise with the transferring management
team.

The acquisition of the long established DJ business further enhances our
distribution capability for tool hire and associated services in the North East
of England.'

*************************

Vp PLC
07 May 2008

Vp plc

Notice of Final Results

Vp plc, the equipment rental specialist, will be announcing its Final Results
for the year ended 31 March 2008 on Thursday, 5 June 2008.

An analyst briefing given by Jeremy Pilkington, Executive Chairman, Neil
Stothard, Group Managing Director and Mike Holt, Group Finance Director, will be held at 09.30 hrs on Thursday, 5 June at Abchurch's offices, 100 Cannon Street, London, EC4N 6EU.

PapalPower - 05 Jun 2008 07:22 - 13 of 16

http://www.investegate.co.uk/Article.aspx?id=200806050700040059W


RNS Number : 0059W
Vp PLC
05 June 2008

Final Results

Vp plc, the equipment rental specialist, today announces its Final Results for the year ended 31 March 2008.

Highlights

Revenues ahead 23% to 149.3 million (2007: 121.6 million)
Profit before tax and amortisation rose 39% to 20.2 million (2007: 14.5 million)
Basic earnings per share up 48% to 36.09p (2007: 24.40p)
Proposed final dividend of 7.7p per share, increases the total dividend for the year by 27% to 10.50p per share (2007: 8.25p)
Significant capital investment of 43 million in rental fleet; eight acquisitions completed for an aggregate consideration of a further 11 million
Solid balance sheet with strong operational cashflows

Jeremy Pilkington, Chairman, commented:
"This is another year of record results reflecting the underlying strength of the Group, and the successful implementation of our strategy to build a resilient business with diversified market exposure and leading market positions. We look forward to the future with confidence.'




mog - 05 Jun 2008 07:49 - 14 of 16

Excellent results, beat expectations of 30p by 20%, and outlook seems good. They reckon they're quite resilient to the downturn in construction:

The Vp business model calls for market leading positions in specialist sectors with value adding opportunities, increasingly outside of mainstream construction. Energy, infrastructure, environmental quality, health and safety legislation and the continuing trend to outsourcing are all key drivers in the Vp business mix. The changing economic climate will undoubtedly present challenges to growth but as yet we have not seen any significant impact on our markets, with the exception of UK residential construction. New housing starts have clearly slowed but we believe that any softness here will be more than offset by buoyancy elsewhere, particularly within the oil and gas and electricity transmission sectors.

PapalPower - 01 Aug 2008 01:59 - 15 of 16

A write up at TMF :


http://boards.fool.co.uk/Message.asp?mid=11161925



.

Investinggarden - 08 Jul 2009 09:57 - 16 of 16

Buy/ Hold Recommendation from Growth Company Investor

Growth Company Investor
  • Page:
  • 1
Register now or login to post to this thread.