18.02.2008

Trading remains bouyant at Vp

Vp (Vibroplant) the owner of UK Forks, one of the largest telehandler rental company’s in the UK along with tool hire business - Hire Station has issue an interim trading statement today.

Vp says that in the three months since its 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 £600,000 and Able Safety, acquired for £750,000 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.”