Builders merchant group Travis Perkins saw operating profits wiped out, as it slipped to a pre-tax loss profit loss of -£77m, for the year ended December 31 2024, on group sales revenue that was, at £4.607bn, 4.7% down on the year before. The fall was, it said, driven by price …
Read More »Marshalls boosts profits as half-year turnover slips
Building and landscaping products manufacturer Marshalls reported a rise in pre-tax profit to £21.5m from £16.7m as turnover dipped to £307m from £354m for the six months to June 30 2024. The reduction in revenue was mainly down to subdued demand for the group’s landscape products, a reflection of the …
Read More »Challenging market impacts Travis Perkins’ Q3 sales and profits
Builders merchant group Travis Perkins has reported that market challenges and “significant commodity product deflation” will affect full-year profit expectations, while Q3 sales and profits fell 1.8%. In the third quarter revenue from the group’s merchanting businesses fell 0.3%, and 6.4% on a year-to-date basis, while Toolstation UK delivered revenue …
Read More »Forterra forecasts better brick and block bounce-back
Forterra, the building materials manufacturer, is expecting better profits thanks to sales contuing their upward trend during the back end of last year. A trading statement to the City this morning (January 26) showed that sales of bricks and blocks were 6% higher in November and December than the previous …
Read More »
Builders Merchants Journal – BMJ Publishing to Builders Merchants and the UK merchanting industry for more than 95 years