Tag Archives: results

Travis Perkins sees first half sales and profits fall

Travis Perkins plc Results 2023 CEO Nick Roberts

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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Weak housing and RMI impacts Travis Perkins’ first quarter


Travis Perkins plc managed a resilient first quarter trading performance, despite challenging market conditions. Total sales were down 2.8%.  Weak new build housing and domestic repair, maintenance and improvement markets especially impacted the Merchanting sector, although the commercial, industrial and public sector markets, accounting for just under half of the …

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Stelrad announces record results

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Stelrad Group plc, steel panel and designer radiator manufacturer saw revenue rise 14.6%  to £312.1m in the year ended 31 December 2022.  Adjusted operating profit was up 12.9 at £24.3m, with UK & Ireland seeing 6.5% revenue growth  and a 5.2% growth in adjusted operating profit. The group reported improved …

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Housing market slowdown costs Travis Perkins profit, branches and 400 jobs

travis perkins branch

The UK’s biggest builders merchant, Travis Perkins, has posted  a fall in profits in the year to December 31 2022. The company reported adjusted operating profit of £295m, down 16.4%, hit by a £15m restructuring charge. Revenue grew 9% to £4.9bn. However, the expected lower levels of activity in the …

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Travis Perkins sees demand slide begin

Travis perkins low res

Travis Perkins, the UK’s biggest builders merchant, delivered a resilient third quarter trading performance with total sales growth of 10.7%* and like-for-like sales growth of 7.4%. The Merchanting businesses saw total sales growth of 11.5%* with trading performance remaining consistent throughout the quarter.  Travis Perkins General Merchant, saw some slowing of …

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Travis Perkins sales rise for half-year

travis perkins branch

Builders merchant group Travis Perkins has this morning (August 2) reported a good first half performance which saw sales rise 10.3% to £2.53bn, driven by operational and strategic delivery. The merchanting division, with a rise in revenue of 13.3% to £2.15bn, and adjusted operating profit growth of 9.0% , was …

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Lords grows first half-year turnover by 75%

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Lords, the growing builders merchant group, has issued a trading update for the six-month period ended 30 June 2022, ahead of the publication of its interim results on 6 September 2022.   Group total revenue for the period increased by 19.9% to £214.7m, from £179.0m. Within that, the builders merchant …

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Grafton Group positive about half year results

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Builders merchant group Grafton Group plc is expecting to stick to its initial full year operating profit expectations, after a good trading performance in the half-year to June 30 2022. That’s according to a trading update which showed total revenue up by 13.9% in constant currency.  Average daily like-for-like revenue growth …

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Grafton sees record performance in ‘transformational year’

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International building materials distributor and DIY retailer Grafton Group plc has posted a 25% increase in revenue and a 68% increase in operating profit for the year ended 31 December 2021. Revenue across the group was £2.1bn, with operating profits at £288.0m Following the sale of the Group’s Traditional Merchanting …

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Covid costs TP £92m and 80% of operating profit

Travis Perkins plc

Revenue at builders and plumbers merchant Travis Perkins plc dropped 20% in the first half of the year, pulling operating profits down 81%, leaving it with an operating loss of £92m, the group announced this morning (September 8). The merchanting division, which covers the brands Travis Perkins, Benchmarx, Keyline, CCF …

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