05.06.2008

VP confirms year end numbers

VP the owner of UK Forks, the telehandler rental company previously known as Vibroplant, has confirmed its full year results to the end of March.

Revenues increased by 23 percent to £149.3 million, while pre tax profits jumped by 39 percent to £20.2 million. The company spent £43 million on expanding and maintaining its fleet. No further detail has been provided at this stage.

Jeremy Pilkington, chairman, said: "This is another year of record results reflecting the underlying strength of the Group, and the successful implementation of our strategy to build a resilient business with diversified market exposure and leading market positions. We look forward to the future with confidence."