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Interim Results

VP Plc improves H1 pretax profit, hikes dividend

25 November 2015 07:51

VP has posted an H1 pretax profit of GBP16.3m, from GBP15.5m, with revenue rising to GBP105.1m, from GBP101.3m. The company cited a year of so far 'solid progress' on lifting interim dividend to 5.35p a share, from 5p.

Chairman Jeremy Pilkington commented:

"This has been another year of solid progress for the Group, achieved against a more subdued economic background. Revenues, profits, earnings per share, return on capital and dividend all moved ahead.

"Once again the Group has demonstrated its strength through diversity in the quality of these results.

"The Board believes that the Group will deliver further value growth for our shareholders for the year as a whole."

Story provided by StockMarketWire.com

Related Company: VP.

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