Presentation to Carillion The Equipment Rental Specialists 9 th June 2010 The Equipment Rental Specialists Vp plc Interim Results for the six months ended.

Slides:



Advertisements
Similar presentations
1 Nia Sutton Becta Total Cost of Ownership of ICT in schools.
Advertisements

Jarvis plc 2007 Half Year Results Presentation 27 November 2007.
Jarvis plc Interim Results 26 November Strategic Highlights Continued focus on Rail, Plant and Freight Difficult trading conditions in first half.
UNITED NATIONS Shipment Details Report – January 2006.
“Review Study Guide nightly”
1 ENAC Air Transport Data AIR TRANSPORT DATA École Nationale de l Aviation Civile.
Presentation to Carillion The Equipment Rental Specialists 9 th June 2010 The Equipment Rental Specialists Vp plc Final Results for the year ended 31 March.
Half Year Presentation 7 February This presentation relates to the Freightways Limited NZX announcement and media release of 7 February As.
2002 Results 17 March © 2003 Management Consulting Group PLC All rights reserved 2002 Final Results.ppt 2 Agenda Introduction 2002 highlights Profit.
Watco Companies Overview January 25, 2013 Southwestern Rail Conference
Trade Promotion Management Study Summary Charts
CHAPTER 5 ESSENTIALS OF FINANCIAL STATEMENT ANALYSIS.
1 Meeting carbon budgets – 5th Progress Report to Parliament Committee on Climate Change, June If you want to tweet about this report.
VOORBLAD.
1 RA III - Regional Training Seminar on CLIMAT&CLIMAT TEMP Reporting Buenos Aires, Argentina, 25 – 27 October 2006 Status of observing programmes in RA.
© 2012 National Heart Foundation of Australia. Slide 2.
25 seconds left…...
Chapter 4: Financial Statement Analysis
12 Financial Management 12-1 Financial Planning
Atlas Copco Group Q2 Results July 16, Contents  Q2 business highlights  Market development  Business areas  Financials  Outlook 2 July 16,
July 18, 2008, Atlas Copco Group Q2 Results July 18, 2008.
February 4, 2008, Atlas Copco Group Q4 Results February 4, 2008.
Atlas Copco Group Q4 Results February 2, Q4 - highlights  Order growth continued  Record operating profit –All business areas above 20% operating.
February 1, Atlas Copco Group Q4 Results February 1, 2007.
1 FirstGroup plc Pre-close Trading Update for the 12 months to 31 March 2010 Wednesday 31 March 2010.
Committed to sustainable productivity
2013 Results 1 Positioned for further growth 2013 Results 27 February 2014.
1. 2 WELCOME 3 Table of contents  Welcome  Salient features  Sustainability achievements  Financial review  Strategy ›Short-term challenges and.
April 27, Atlas Copco Group Q1 Results April 27, 2006.
Presentation to Carillion The Equipment Rental Specialists 9 th June 2010 The Equipment Rental Specialists Vp plc Final Results for the year ended 31 March.
I N T E R I M R E S U L T S 8 September Financial highlights 6 months to June 2004 £ million Half Half% inc. Group sales %
P R E L I M I N A R Y R E S U L T S 3 March 2004.
Interim Results 6 September John Neilson Finance Director.
Presentation to Carillion The Equipment Rental Specialists 9 th June 2010 The Equipment Rental Specialists Vp plc Final Results for the year ended 31 March.
I N T E R I M R E S U L T S 3 September Financial Highlights 6 months to June 2003 £ million Half Half% inc. Sales – continuing operations %
Investor Relations Presentation September INVESTOR RELATIONS PRESENTATION - SEPTEMBER 2002 Agenda Introduction David Calverley Chief Executive Highlights.
1 Full Year Results Presentation Full Year Ended 30 June 2006 ASX Code: SAI Thinking Business SAI Global Limited ABN:
P R E L I M I N A R Y R E S U L T S March £ million % inc. Group sales % Operating profit % Operating margin14.3%14.4%
Presentation to Carillion The Equipment Rental Specialists 9 th June 2010 The Equipment Rental Specialists Vp plc Interim Results for the six months ended.
Vp plc Preliminary Results Year Ended 31 March 2005.
1 The world’s leading manufacturer of collagen products for the food industry 2008 Interim Results Presentation 28 August 2008.
Interim Results Presentation 2004 Galliford Try plc.
Preliminary Results 2008 Jeremy Pilkington - Chairman Neil Stothard – Group Managing Director Mike Holt – Group Finance Director Vp plc - The Equipment.
April 27, Atlas Copco Group Q1 Results April 27, 2005.
October 24, Atlas Copco Group Q3 Results October 24, 2006.
Interim Results For the six months ended 30 September 2006 Rental and sale of specialist products and services to construction, civil engineering, rail,
July 17, Atlas Copco Group Q2 Results July 17, 2006.
Lavendon Group plc 2006 Preliminary Results Presentation March 2007.
Preliminary Results Presentation – September 2005 Preliminary Results Presentation Year to 30 th June 2005.
October 21, 2005www.atlascopco.com1 Atlas Copco Group Q3 Results October 21, 2005.
Tricorn Group Plc Interim Results Presentation December 2011.
McBride plc : Interim Results 10 February 2005.
Atlas Copco Group Q2 Results July 18, Q2 - highlights  Very strong organic order growth –Record orders received –Favorable demand in mining, manufacturing.
October 22, Atlas Copco Group Q3 Results October 22, 2004.
Vp plc The Equipment Rental Specialist Interim Results for the six months ended 30 September 2007 Rental and sale of specialist products and services to.
Atlas Copco Group Q3 Results October 23, Page 2 October 23, 2001www.atlascopco-group.com Contents  Market Development  Business Areas  Financials.
Atlas Copco Group Q3 Results October 21, Q3 - highlights  Overall demand remained at a high level –Solid development in manufacturing and mining.
Atlas Copco Group Q1 Results Stockholm, April 26, 2001.
Atlas Copco Group Q2 Results July 18, Page 2 July 18, 2002www.atlascopco-group.com Contents  Q2 Highlights  Market Development  Business Areas.
Atlas Copco Group Q1 Results April 28, Contents  Q1 Business Highlights  Market Development  Business Areas  Financials  Outlook.
Vp plc The Equipment Rental Specialist Final Results Year ended 31 March 2007 Rental and sale of specialist products and services to construction, civil.
 McBride plc Strategic Objectives Build No 1 Private Label household & personal care position Be Retail Partner of choice Improve operational.
Atlas Copco Group Q4 Results February 2, Contents  2003 Summary  Q4 Business Highlights  Market Development  Business Areas  Financials 
Croda International Plc Results for 6 months to 30 June 2006.
July 16, Atlas Copco Group Q2 Results July 16, 2004.
Atlas Copco Group Q1 Results April 27, 2004 April 27, 2004.
Vp plc The Equipment Rental Specialist
Presentation transcript:

Presentation to Carillion The Equipment Rental Specialists 9 th June 2010 The Equipment Rental Specialists Vp plc Interim Results for the six months ended 30 September 2011

Agenda Summary Operational review Financial review Conclusion 1

Results Summary 2

Excellent profit and revenue growth in a challenging trading environment Significantly increased fleet investment Modest increase in borrowings – strong cash generation ROCE and net margin improved Diversity smooths impact of individual sector dynamics Highlights – sector leading performance 3

Revenue and operating profit trends Revenue (£m) Operating Profit (£m) FY FY 2012

Group structure 5

Market diversity 6

Divisional overview All divisions profitable Profit growth from UK Forks/Torrent Trackside/Airpac Bukom Increased capex - supporting growth opportunities Improved utilisation and pricing countering some supply cost inflation Quality returns – double digit margins, double digit ROCE Current year strength in Regulated Markets, Oil & Gas and Housebuild European expansion continues in TPA and Groundforce Financial strength enables the business to respond quickly 7

Business performance 8

Fleet capital expenditure 9

Operational outlook Markets offer opportunity though general construction is expected to remain weak Quality of opportunity governs investment decision Overseas activities will continue to develop Macro challenges ongoing, but we are confident in our ability to maintain our strong track record 10

Financials 11

Highlights 12

Earnings and dividend per share 13

Quality returns Operating margin (%)Return on Average Capital Employed (%) Earnings per share (pence)Dividend per share (pence)

Robust balance sheet 15

Operating cash flow 16

Modest gearing, comfortably within covenants Net debt Underlying gearing Interest cover (12 months) Net debt / EBITDA (12 months) 17

Bank facilities 18

Vp qualities that will deliver further progress Resilient –market leading positions –diverse markets –specialist Consistent –quality returns, even in downturn Financial –positive cash generation –strong balance sheet Sustainable –consistently enhancing shareholder value 19

Presentation to Carillion The Equipment Rental Specialists 9 th June 2010 The Equipment Rental Specialists Supplementary Schedules 20

Net working capital 21

Effective rate of tax 22

Group history – 1954 to date Turnover 1970: £2m 1980: £14m1990: £70m2000: £55m2010: £134m2011: £141m 23

UK market leaders in the rental and sale of Shoring Products and Solutions: Groundforce has the largest excavation support fleet in the UK and Ireland Plus, specialist products and services °Piletec – piling equipment °Stopper Specialists – pipeline pressure testing °Shorflo – pumps °U Mole – trenchless technology Markets: Civil engineering (including regulated AMP programme), construction and housebuilding Opportunities: AMP 5 European growth 24

National hire of telescopic handlers/rough terrain forklifts : Only UK national telehandler specialist Fleet of c.1200 machines Strategically located distribution network Markets: General construction, housebuild and industry Opportunities: Housebuilding improvement Market share growth 25

International rental of high pressure air compressors, steam generators and specialist equipment supported by skilled engineers: Global network of six service and distribution facilities located in the UK (Aberdeen and Great Yarmouth), Singapore, Australia, Middle East and Latin America Rental assignments in more than 60 countries Markets: Well testing, rig maintenance, gas transfer, LNG Opportunities: Recovery in well test market New applications Greater penetration of under represented geographic regions 26

Provision of rail specific light plant, trackside lighting and skilled trackside personnel: Genuine 24/7 x 365 national support The widest range of specialist portable rail equipment in the UK Significant safety and compliance barriers to entry in a regulated market Markets: Maintenance and renewals projects on national rail network, London Underground Opportunities: Network Rail maintenance contract LUL, Crossrail, renewal activity 27

Europes market leader in portable roadways: Operations in UK, Republic of Ireland and Germany Skilled installation of bespoke roadway and fencing solutions Markets: Transmission, outdoor events, rail, construction - UK and Europe Opportunities: Regulated transmission programme New products European growth 28

Tool hire and specialist equipment for construction and industry: Local tool hire branches supported by national call centre Plus, specialist products and services °ESS Safeforce – safety equipment and confined space training °MEP – press fitting and electrofusion equipment °Climate Hire – heating and cooling products °Virtual Hire – own brand partnerships, e.g. Homebase, Garden Centre Group Markets: Construction, industry, civil engineering, housebuild, DIY Opportunities: Specialist products Market share growth 29