Travis Perkins holds profit steady despite market slowdown
Travis Perkins has reported a resilient first-half performance after holding underlying profits steady despite weaker demand across the construction sector.
The Northampton-headquartered builders' merchant posted revenue of £2.26bn for the six months to 30 June, down 1.8% on the same period last year, as lower sales volumes and the disposal of Staircraft were partly offset by building materials price inflation.
Adjusted operating profit, excluding property profits, remained unchanged at £62m, while statutory operating profit i... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
