Vp Says Demand Continues Strong

Feb. 16, 2011
Vp plc, U.K.-based rental company, this week said overall demand for its services have remained strong despite unusually severe weather conditions in December. The company expects its full-year results to be in line with market expectations.

Vp plc, U.K.-based rental company, this week said overall demand for its services have remained strong despite unusually severe weather conditions in December. The company expects its full-year results to be in line with market expectations.

“We have continued to invest in the business as opportunities have been secured,” the company said in a statement. “Debt levels within the group remain well within our committed facilities and the associated covenants. We continue to concentrate on optimizing the performance of our existing business streams. We believe a sustained economic recovery is likely to be some way off. However, we do anticipate that opportunities will appear in the future and our strong balance sheet will enable us to embrace these as they arise.”