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Vp (VP) investor relations material
Vp Q2 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Delivered a solid first half performance despite challenging macro-economic conditions, with particular strength in Germany and Ireland.
Diverse business model demonstrated resilience, with optimism for increased activity in the second half of the year.
Financial highlights
Analyst consensus for FY 2025/2026: Revenue of £386.1m, profit before tax, amortisation, impairment, and exceptional items of £37.3m, and pre-IFRS 16 net debt of £137.3m.
Revenue and profit expected to be modestly weighted towards the second half of the financial year.
Outlook and guidance
Performance for the year ending 31 March 2026 anticipated to be in line with market expectations.
Increased activity levels expected in Rail and Water as long-term investment programmes progress.
Infrastructure to benefit from UK Government revitalisation initiatives.
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