Q3 trading update

Summary by AI BETAClose X

Travis Perkins PLC reported its Q3 trading update, noting a 1.8% increase in like-for-like sales. The Merchanting segment saw a 1.7% rise in like-for-like revenue, driven by a 2.5% increase in like-for-like volume, although price and mix decreased by 0.8%. Toolstation experienced a 2.3% increase in like-for-like revenue, with price and mix up 1.8% and like-for-like volume up 0.5%. Total revenue growth for the group was 0.3%, with Merchanting declining by 0.3% and Toolstation growing by 3.0%. Year-to-date, the Group's like-for-like revenue declined by 0.2%, with Merchanting down 0.7% and Toolstation up 2.7%. Total year-to-date revenue declined by 1.3% for the Group, with Merchanting down 2.1% and Toolstation up 2.8%.

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Travis Perkins (TPK)
UK 100
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