Presentation is loading. Please wait.

Presentation is loading. Please wait.

Vp plc The Equipment Rental Specialist Final Results Year ended 31 March 2007 Rental and sale of specialist products and services to construction, civil.

Similar presentations


Presentation on theme: "Vp plc The Equipment Rental Specialist Final Results Year ended 31 March 2007 Rental and sale of specialist products and services to construction, civil."— Presentation transcript:

1 Vp plc The Equipment Rental Specialist Final Results Year ended 31 March 2007 Rental and sale of specialist products and services to construction, civil engineering, rail, oil and gas exploration, events and industrial markets

2 Agenda Financial Review Mike Holt – Group Finance Director Business Review Neil Stothard – Group Managing Director Concluding Remarks Jeremy Pilkington - Chairman

3 Mike Holt Group Finance Director Financial Review

4 Financial Highlights

5 Earnings and Dividend per Share

6 Balance Sheet

7 Operating Cash Flow

8 Cash Flow

9 Fleet Investment

10 Net Debt

11 Excellent Financial Health Operating cash flows remain strong (2x profits) Interest cover is robust (8x) Balance sheet capable of supporting further growth Effective internal controls

12 Neil Stothard Group Managing Director Business Review

13 Vp’s Investment Case Specialist business with diversified market exposure Market leading positions Strong value added element Excellent cash generation and financial strength Proven management team with strength and depth Consistent performer with quality returns

14 Vp Markets Exposure

15 Strength through diversity

16 Business Performance Record operating profits of £16.5m up 44% 30% of profit growth is organic Substantial revenue growth - up 22% to £121.6m Operating margins improved to 13.4% Fleet investment £32.6m - up 57% ROCE 16%

17 Segmental Analysis

18 Excellent Business Momentum Revenue (£m) Operating Profit (£m)

19 Quality Returns Return on Average Capital Employed (%) Dividend per share (pence) Earnings per share (pence) Operating Margin (%)

20 Growth Strategy Progressing Well Delivery of substantial earnings growth Significant organic capital investment Prior year acquisitions integrated successfully New geographic markets, e.g. Ireland, Germany New markets e.g. transmission, events Successful diversification of offering, e.g. formwork, pipe fitting Acquisitions: MEP, Evershore, Midway, Cool Customers

21 Total Shareholder Return

22 Jeremy Pilkington Chairman Concluding Remarks

23 Value added, specialist rental sectors Market leadership – supplier of choice Double digit earnings growth potential > 15% ROACE Building sustainable capabilities Business Model

24 Repeat business, share of wallet Business growth supports investment – assets, skills, capabilities Employee satisfaction, retention and development Improved service levels Customer satisfaction Virtuous Service Cycle

25 Record year – Group making strong progress Excellent growth opportunities within existing markets – organic and acquisition Financial capacity to fund significant growth Ambitious and proven management team able to deliver Summary

26 Vp plc The Equipment Rental Specialist Final Results Year ended 31 March 2007 Rental and sale of specialist products and services to construction, civil engineering, rail, oil and gas exploration, events and industrial markets


Download ppt "Vp plc The Equipment Rental Specialist Final Results Year ended 31 March 2007 Rental and sale of specialist products and services to construction, civil."

Similar presentations


Ads by Google