Wednesday, August 5, 2020

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.”

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 lockdown having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £31.50 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.




Latest news

New CEO named for Filtronic

Filtronic, the Leeds-based designer and maker of comms products, has named Richard Gibbs as its new CEO. Mr Gibbs, who formally starts on 1 September,...

Muse Developments contributes to parent company’s half year results

Urban regenerator and property development company, Muse Developments, has contributed to half year results by parent company Morgan Sindall Group, the construction and regeneration...

£25.8m awarded to deliver infrastructure projects in Greater Lincs

The Greater Lincolnshire Local Enterprise Partnership will receive £25.8 million from the government’s Getting Building Fund to deliver ‘shovel-ready’ projects in the region. The announcement...

Plans for tourism destination at Lincolnshire golf course approved

Plans for a major tourism destination on a Lincolnshire golf course will deliver a significant boost to the region’s local economy and tourist sector,...

ABP deal sees British Steel resume control of Immingham Bulk Terminal

British Steel has resumed operation control of Immingham Bulk Terminal (IBT) after completing a deal with Associated British Ports (ABP). The facility operated by British...

Revenue rise for electronics manufacturer

Filtronic, the AIM-listed Shipley-based electronics manufacturer, has reported a rise in revenue in full-year results released this week. For the year ended 31 May 2020,...

Related news

New CEO named for Filtronic

Filtronic, the Leeds-based designer and maker of comms products, has named Richard Gibbs as its new CEO. Mr Gibbs, who formally starts on 1 September,...

Muse Developments contributes to parent company’s half year results

Urban regenerator and property development company, Muse Developments, has contributed to half year results by parent company Morgan Sindall Group, the construction and regeneration...

£25.8m awarded to deliver infrastructure projects in Greater Lincs

The Greater Lincolnshire Local Enterprise Partnership will receive £25.8 million from the government’s Getting Building Fund to deliver ‘shovel-ready’ projects in the region. The announcement...

Plans for tourism destination at Lincolnshire golf course approved

Plans for a major tourism destination on a Lincolnshire golf course will deliver a significant boost to the region’s local economy and tourist sector,...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close