North Yorkshire equipment rental firm reports confidence in outlook
Summarised from 2 outlets · Updated 12 Oct, 17:32 · Archive
Harrogate-based equipment rental company Vp plc says strong infrastructure market performance has boosted confidence in its second half outlook.
Harrogate-based equipment rental company Vp plc has reported confidence in its trading outlook, citing strong performance in infrastructure markets. The company said momentum in electricity transmission and water infrastructure is boosting its UK operations, where it remains well positioned to take advantage of supportive markets.
Vp plc reported that activity in rail remains stable and water infrastructure has shown momentum as AMP8 activity grew in the second quarter. The company's Brandon Hire Station division has performed better following a restructure. Chief executive Alice Woodwark said the first half of the financial year had demonstrated the strength and resilience of the diverse business model, with UK segment momentum increasing second half confidence.
International operations continue to perform well. The group remains on course to perform in line with market expectations for the year ending 31 March 2027, with the second half of FY27 expected to outperform the second half of FY26. The company will provide further details at its interim results.
How it is being reported
- North Yorkshire firm reports confidence in trading updateA North Yorkshire equipment rental group says it remains confident in its outlook thanks to strong performance in infrastructure markets.Gazette & Herald (Malton) · 12 Oct, 16:46
- North Yorkshire firm reports confidence in trading updateA North Yorkshire equipment rental group says it remains confident in its outlook thanks to strong performance in infrastructure markets.The Press (York) · 12 Oct, 16:46
In this story: Vp plc · Harrogate · Alice Woodwark · Brandon Hire Station
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