Vp expects to report FY26 profits between £26–29m, which is in line with previous revised guidance amidst what the firm calls a disciplined year of trading and continued delivery against strategic priorities.
The Group said macro conditions remained tough but that long-term demand drivers persist across core sectors.
Electricity transmission is seeing growth in the UK and Europe; rail activity is steady but subdued with visible project pipelines; and there are “positive lead indicators in Water as we enter Year 2 of AMP8,” which Vp says supports confidence in revenue improvement for FY27.
Specialist construction demand is strong in London and the Republic of Ireland, while housebuilding remains subdued ahead of Homes England’s SAHP 2026–2036 programme.
The immediate impact of the Middle East conflict has been limited to higher fuel costs, largely mitigated through customer pricing.
Since her appointment, Chief Executive Alice Woodwark has prioritised operational discipline and cross‑divisional efficiency, advanced the digital roadmap and materially completed the Brandon Hire Station transformation, reducing branches and headcount to lift utilisation.
The Group added that its balance sheet remains strong and leverage is within stated targets.
"Vp has continued to deliver a disciplined performance and good strategic progress. Our focus on infrastructure-led markets, operational efficiency and digital delivery positions us well to navigate the near-term environment and build long term sustainable value for stakeholders," said Alice Woodwark, Chief Executive
