reports
"Solid progress" in H1 drives PBTA upgrade
Vp plc has today reported a robust H1 performance (for the 6 months to end September), with profit before tax and amortisation up 6% at £17.2 million, EPS up 7% at 35.14p and the Interim Dividend also increased 7% to 5.35p. Very impressively Return on Capital Employed climbed by 1.5% to 16.1% - significantly above Vp's cost of capital and marginally higher than the Board's "through-cycle" target of 15%. These results were slightly ahead of our expectations, and are in sharp contrast to news fr...
Record Breaking Year
Despite numerous upgrades during the past year, Vp plc has come in with results (for the year to March 2015) comfortably ahead of expectations. Adjusted EPS rose by 30% to 54.4p, following increases in the 2 previous years of 15% and 18% respectively. Vp's return on average capital employed jumped from 13.5% to a very impressive 16.2% in 2014/15. The Group has reported a record breaking year with significant progress made across all key metrics including profits, revenue, earnings per share and ...
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