StockMarketWire.com - Equipment rental group Vp said it expected its annual results to be 'well ahead' of the prior year and in line with market expectations.

Exceptional costs in the second half were expected to be around £4m, resulting from acquisition integration costs and business restructuring.

The company said its UK division had experienced stable demand from its core market sectors: infrastructure, construction and housebuilding.

In international division, however, has experienced on-going challenging trading conditions in the offshore oil and gas sector.

The integration of Brandon Hire, acquired in November 2017, was progressing well and was expected to be fully completed by the end of the first half of the new financial year.






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