Torque-Expo

Travis Perkins bucks ‘challenging market’ with modest Q3 sales growth

q3

Travis Perkins saw total Group sales grow 3.5% in Q3, with like-for-like sales growth of 4.1%, partly benefiting from a relatively weak comparable in 2016. Sales price inflation across the Group in Q3 was 3.9%, (3.4% YTD), reflecting pass through of cost price inflation driven by foreign currency movements since June 2016 and recent increases […]

Solid performance for Toolstation owner in a ‘challenging market’

Toolstation and Wickes owner Travis Perkins saw revenue grow 3.5% in the first half of the year (2.7% like-for-like). Adjusted operating took a hit at 2.1% lower (£190m) due largely to investments and a challenging Plumbing & Heating market. CEO John Carter said Travis Perkins had delivered a strong performance against a challenging market backdrop, […]

Financials round-up: BUFAB, Toolstation owner Travis Perkins & Bulten’s Q1 bonanza

Travis Perkins: Growth for Toolstation and Wickes owner Travis Perkins Q1 2017 saw total sales growth of 4.% and like-for-like sales growth of 2.7% The combination of our Merchanting divisions (General Merchanting, Plumbing & Heating and Contracts) delivered total sales growth of 5.1% and like-for-like sales growth of 2.6%. Underlying performance of both Wickes and […]

Exceptional £235 million charge hits Travis Perkins profits

q3

Travis Perkins Group saw revenues rise 4.6% in 2016, with adjusted operating profit reaching £392m, up £3m on 2015. However, an exceptional charge of £235m in the plumbing & heating and tile businesses impacted on Group profits. Profit before tax fell to £73m in 2016, £151m lower than 2015 (2015: £224m). Other exceptional charges in the […]

Travis Perkins profits up, but Brexit dents demand

q3

Travis Perkins has seen revenue and profits rise, but has sounded a note of caution over the UK’s vote to exit the EU and the resultant uncertainty in the market. The owner of Toolstation, Wickes and Benchmarx saw group revenue rise to 3.11 billion in H1 2016, up from £2.94 billion in H1 2015, up 3.1% […]