SIG has issued a profit warning to the City, as weaker trading in May and June pushed back the timing of an anticipated market recovery. The group stated that “subdued demand has continued to be a factor in the majority of the Group’s markets” and expects its underlying operating profit …
Read More »Travis Perkins sees first half sales and profits fall
Builders merchant group Travis Perkins has posted a fall of 2.5% in revenue and 31% in adjusted operating profts for the six months to June 30 2023. The announcement today (August 1) showed sales were £2,472m and operating profit £112m reflecting weak market volumes in private domestic RMI and new …
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