Tag Archives: results

Ibstock reports resilient 2024 performance

Ibstock Plastic Packaging

Ibstock Plc, the UK manufacturer of building products and solutions, is expecting full year revenues to have decreased by 10% to around £365 m (from £406 m in 2023), according to a trading update for the year ended 31 December 2024. Lower sales volumes across the core business are principally …

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Marshalls revenue drops amid challenging conditions

marshalls site

Marshalls, the landscaping and building products manufacturer, saw revenue drop to £619 million (2023: £671 million), alongside a reduction in debt from £173m to £134m, for the year to December 31 2024. The trading update revealed that  adjusted profit before tax for 2024 is likely to be “within the range …

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Merchanting drags Travis Perkins down in Q3

Travis Perkins Snetterton

Group revenue at builders merchant group Travis Perins was down 5.7%, for the three months to September 30, a fall driven by the group’s Merchanting segment. There was a more robust performance from Toolstation, where revenue rose 2.9% in the UK and Benelux like-for-like sales were up 9.6%. The loss-making …

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Marshalls boosts profits as half-year turnover slips

marshalls site

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 …

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Travis Perkins’ half-year shows progress in the face of persistent challenges

Travis Perkins

Sales at builders merchant group Travis Perkins plc fell 4.4% in the six months to June 30, its has published half year results revealed this morning (August 6). Lower volumes and the added impact of price deflation on the group’s Merchanting division gross margin saw adjusted operating profit fall to …

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Market challenges push SIG into the red in first half

slark sig 2

  A first-half pre-tax loss of £11.3m on turnover of £1.32bn has been posted by insulation and building materials distribution giant SIG for the six months to June 30 2024. The same period last year reported a pre-tax profit of £12.2m and turnover of £1.4bn. The downturn in fortunes has …

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MKM posts 13% revenue rise

MKM

Builders merchant chain MKM Building Supplies Limited, saw a 13% rise in sales in the year to September 30 2023, with profits only marginally down at £88.2m. That’s according to the full year results for the period, released this morning (April 24th). The slight drop in profits was attributed to …

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Tough times at Travis Perkins

p73btf

We go to gain a little piece of ground, That have no profit in’t but the name I was at a few lunches in the run-up to Christmas (a hard old job, but someone’s got to do it) at which one of the topics under discussion was the “structural reorganisation” …

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Weak market conditions slash Travis Perkins profits

Travis Perkins Oban

Builders merchant group Travis Perkins posted a slight drop in revenue and a slump in operating profits for the year ending December 31 2023, a financial period described as “a challenging year in weak market conditions”. The unaudited full-year results, released this morning (March 5) show overall sales down 2.7% to £4.86bn, with operating profits …

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TRAILBLAZERS 2024: MERCHANTS’ INPUT NEEDED

BMJ Trailblazers CTA Jan24 copy

It’s that time of year again. The 2024 edition of BMJ’s Trailblazers will be published with the April edition. Once again, it will feature the top UK builders merchants, those turning over more than £28m in their last financial year. Trailblazers has long been used to benchmark the industry, comparing …

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