‘Outstanding’ set of results for equipment hire specialist

THE chairman of equipment hire specialist VP has hailed its interim results as “outstanding”.

The Harrogate-based business reported a 27% rise in profit before tax and amortisation to £16.2m for the six months to the end of September on revenues of £101.3m, an 11% increase.

Chairman Jeremy Pilkington said: “The board regards these half year figures as an outstanding set of results and this positive start to the new financial year reflects the continuation of the improving trading conditions which the group enjoyed towards the end of last year. 

“The trading trajectory into the second half of the current financial year provides us with every confidence that the group can deliver a very satisfactory result for the year as a whole.”