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Vp plc – interims, a “sustained demand”: Buy

Equipment rental company Vp plc (VP.) has announced its results for its half-year ended 30th September 2022 and that “reflecting these results and our view of the future prospects of the group, the board is declaring an interim dividend of 11.0 pence per share an increase of 5%”. This sounds encouraging.

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Vp (#VP.) – H1 “further growth”, anticipates FY in line with its expectations

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Vp (#VP.) – FY adj. EPS 71.2p, DPS up to 36p, trading “encouraging”, formal sale process ongoing

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Vp plc – majority shareholder sparks formal sale process, still time to Buy

Shares in equipment rental company Vp plc (VP.) closed at 820p before the latest news. However, they are now up to 940p on news that it is now considered “appropriate to investigate the sale of the company and is therefore launching a formal sale process”. So what now?

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Vp (#VP.) – 50.26% shareholder “wishes to diversify its investments”, formal sale process

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Vp plc – trading “ahead of expectations”, still a recovery Buy

Equipment rental company Vp plc (VP.) has issued a trading update announcement which is headlined “Expected performance ahead of expectations driven by increased demand”. This sounds good.

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Vp (#VP.) – expects FY “ahead of the board's expectations”, “confident”

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Vp – interims, “strong and continuing recovery”. Buy

Equipment rental company Vp plc (VP.) has announced results for its half-year ended 30^th September 2021 emphasising “a strong and continuing recovery in all of our businesses”. This sounds encouraging.

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Vp (#VP.) – H1 adj. EPS up to 37.7p, DPS 10.5p, positive momentum continuing

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Vp (#VP.) – acquisition of access and working at height systems rental business M&S Hire for £2.8m