Vp’s trading update this morning prompts a reset of earnings expectations to reflect current market headwinds.
Q4 trading has been impacted by a muted January ‘return to work’ with activity in construction and water highlighted as being particularly challenging.
Good progress is being made withthe transformation of Brandon Hire Station and we expect an increase in water revenue during FY27, given significant spending committed under AMP8.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
Unlock research summaries
Follow top, independent analysts
Receive personalised alerts
Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.