Travis Perkins: first quarter trading update

Summary by AI BETAClose X

Travis Perkins plc reported a challenging first quarter for the three months ending March 31, 2026, with Group revenue down 1.7% on a like-for-like basis. The Merchanting segment saw a 2.3% like-for-like revenue decrease due to subdued construction activity, though market share was maintained. Toolstation UK performed well with 2.6% like-for-like revenue growth, driven by estate maturity and range evolution, while Toolstation Benelux experienced a 7.1% like-for-like revenue decline. The company remains focused on managing overheads, operational efficiencies, and capital discipline to strengthen its financial position.

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Travis Perkins PLC
28 April 2026
 

28 April 2026

 

Travis Perkins plc, the UK's largest distributor of building materials, announces its first quarter trading update for the three months to

 31 March 2026

 

The Group has continued to experience challenging trading conditions in the first quarter with Group revenue down (1.7)% on a like-for-like basis.

 

In the Merchanting segment revenue was down (2.3)% on a like-for-like basis as construction activity levels remain subdued. Against this market backdrop these businesses are making progress in passing through manufacturer price increases and delivering further procurement benefits, whilst continuing to maintain market share in the General Merchant. The network change of (1.9)% reflects the disposal of Staircraft in 2025.

 

Toolstation UK had a solid first quarter with like-for-like revenue growth of 2.6%. The business continues to see maturity benefits from its estate and is delivering further margin growth through the evolution of its range and offer. Toolstation Benelux had a challenging first quarter with like-for-like revenue down (7.1)%.

 

Looking forward the Group remains focused on managing its overheads and identifying further operational efficiencies, whilst ongoing capital discipline and incremental cash generation opportunities are continuing to enhance the Group's financial position.

 

Q1 2026

Merchanting

Toolstation
UK

Toolstation
Benelux

Group

Price and mix

1.0%

1.1%

1.7%

1.1%

Like-for-like volume

(3.3)%

1.5%

(8.8)%

(2.8)%

Like-for-like revenue growth

(2.3)%

2.6%

(7.1)%

(1.7)%

Network changes

(1.9)%

0.6%

0.1%

(1.4)%

Trading days

-

-

-

-

Total revenue growth

(4.2)%

3.2%

(7.0)%

(3.1)%

 

 

Enquiries:

Travis Perkins


FGS Global

Investor Relations


Faeth Birch / Jenny Davey / James Gray

Investor.relations@travisperkins.co.uk


TravisPerkins@fgsglobal.com



+44 (0) 207 251 3801

 

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