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Sun January 16 2022

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Improvement across the boards for Travis Perkins

30 Jul 14 Builders’ merchant group Travis Perkins saw an 11.5% growth in group revenues in the first six months of the year and nearly 20% rise in adjusted pre-tax profit.

In the six months to 30 June 2014 Travis Perkins made £2,730.5m in revenues (2013 H1: £2449.5m).

Profit before tax, exceptional items and amortisation of intangible assets was £162.5m (2013 H1: £136.1m).

Reported pre-tax profit was £153.7m, up 14% from £134.7m for the same period last year.

All divisions saw growth in both sales and profits and are all outperforming their respective markets, the company said.

Chief executive John Carter said: "A combination of improving market conditions, increasing customer confidence and the successful introduction of a number of self-help initiatives has driven a strong first half performance.”

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