‘Business as usual’ at VP plc

By Murray Pollok21 July 2022

The majority owner of VP plc will tell shareholders today that it is ‘business as usual’ at the company despite the ongoing sale process.

Speaking at the company’s annual general meeting today, Jeremy Pilkington, VP’s Chairman, said shareholders will be given information on the sale “when appropriate to do so and, in the meantime, it is ‘business as usual’ as we stay fully focused on delivering on our plans for the current financial year.”

VP plc runs a number of specialist rental divisions.

At the end of April VP plc announced that Pilkington was investigating options to sell his 50.26% shareholding in the company.

At the AGM, Pilkington said trading has been positive in the new financial year, since the start of April, with good demand, particularly in infrastructure and housebuilding markets.

He added; “Activity levels in both our UK and International divisions are encouraging and whilst the headwinds of cost inflation and supply chain disruption remain we continue to make good progress.”

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, International Rental Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Latest News
Warren Access celebrates 10 years with new depot
UK rental company expands into state-of-the-art southern depot, marking 10 years in the area
IC100 – Enter now
Enter your information now to be ranked in the world’s top 100 crane companies
IRN100 survey: submit your data for 2022
11 April deadline for IRN100 submissions
CONNECT WITH THE TEAM
Ollie Hodges Publisher Tel: +44 (0)1892 786253 E-mail: ollie.hodges@khl.com
Belinda Smart
Belinda Smart Editor Tel: 44 (0)1892 786209 E-mail: belinda.smart@khl.com
CONNECT WITH SOCIAL MEDIA