Rise in first half revenue for Harrogate’s Vp

Vp, the equipment rental specialist headquartered in Harrogate, has posted an uptick in turnover in first half trading despite a “subdued market backdrop”.

The company reported turnover of £186.6 million for the six months to 30 September 2019, rising from £193.2 million for previous period.

Profit before tax, meanwhile, dipped marginally from £25.9 million to £25.8 million.

“The group made good progress in the first half of the year against a subdued market backdrop,” said Chairman Jeremy Pilkington.

“Despite the ongoing political and economic uncertainty in the UK, our focus on quality of earnings has delivered enhanced operating margins during the period.

“The board remains confident of a positive full year outcome and looking ahead, we believe we will continue to deliver very satisfactory results for all stakeholders.”