Vp - VP Stream Log

"It is still clearly too early to predict the full repercussions of the vote to leave the EU. The events of the past couple of days have been seismic enough with the resignation of the Prime Minister, the prospect of another Scottish independence referendum and the disintegration of the Shadow Cabinet. There is no timetable for Brexit and there is speculation that a compromise deal may be sought or even that the Scottish Parliament could veto the whole thing. None of this is likely to be resolved quickly and there is a threat ..." Singer note out this morning on affect of brexit vote on VP from research tree

Equity Development published a note this morning, (taken from Research Tree): "You can’t keep a great company down. This morning, against a backdrop of more subdued UK building activity ahead of the EU Referendum, Vp posted another set of record results. Driving operating margins up to 15.3% from 14.0%, on the back of improved divisional mix, operational gearing and asset disposals – significantly above rivals, Speedy Hire and HSS (see below), who have both stumbled of late..."

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