End Year Trading Update

Travis Perkins PLC 9 January 2002 9 January 2002 Travis Perkins End-Year Trading Update - 'Sound Performance' in the Second Half Travis Perkins plc, a leading distributor of timber, building materials and plumbing and heating equipment to the building and related trades, today issues a pre-close period trading update for the year ended 31 December 2001. The preliminary results for that year will be announced on 11 March 2002. Against a generally favourable market background, Travis Perkins traded well in the year to 31 December 2001. The sound second half performance complemented first half results which produced a 10 per cent overall profit margin for the group. Results for the year as a whole were driven by steady growth across the business. The group consolidated and improved its position in the UK market for builders merchants. Acquisitions saw 18 branches being added to the network and in addition 11 greenfield sites were opened. At the end of the year Travis Perkins was trading from a total of 502 branches. The trend of strong cash flow and high interest cover continued. Gearing at 31 December 2001 is expected to be below 32 per cent compared with 38.1 per cent at the half year and 53.5 per cent at 31 December 2000. Press Enquiries: Frank McKay Paul Hampden Smith Chief Executive Finance Director Travis Perkins plc Travis Perkins plc Tel: 01604 683030 (office) Tel: 01604 683112 Tel: 07712 878700 (mobile) Issued on behalf of Travis Perkins plc by Tavistock Communications Limited (Contact Keith Payne, tel: 020 7600 2288)
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