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Vp prospers after spending spree

Equipment hirer Vp has lifted pre-tax profits by 19 per cent after a buoyant six months of acquisitions.
The firm has made three additions to the business in the period after buying health and safety specialist Pivotal, temporary roadway access specialist Trax Portable Access and piling hirer Dudley Vale during the period.

Pre-tax profits rose to £5.9 million from £4.9 million, with turnover up 4 per cent to £47.4 million from £45.6 million.

Chairman Jeremy Pilkington said: 'Vp has made a strong start to the new financial year and created a platform which we believe will deliver a satisfactory outcome for the year as a whole.

'In addition, we are very pleased to have secured three important acquisitions

and look forward to their contribution to future performance.'

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