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Vp plc announce their Interim Results

Vp plc, the equipment rental specialist, today announces its Interim Results for the six months ended 30 September 2015.

Highlights

  • Profit before tax and amortisation increased 6% to £17.2 million (2014: £16.2 million)
  • Revenues ahead 4% at £105.1 million (2014: £101.3 million)
  • Significant improvement in return on capital employed to 16.1% (2014: 14.9%)
  • Interim dividend increased 7% to 5.35 pence per share (2014: 5.0 pence per share)
  • Earnings per share pre-amortisation increased 7% to 35.14 pence (2014: 32.81 pence)

Jeremy Pilkington, Chairman of Vp plc, commented: "This has been another year of solid progress for the Group, achieved against a more subdued economic background.  Revenues, profits, earnings per share, return on capital and dividend all moved ahead.  Once again the Group has demonstrated its strength through diversity in the quality of these results."

"The Board believes that the Group will deliver further value growth for our shareholders for the year as a whole."

 

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