Travis Perkins
This coverage examines Travis Perkins’ strategy, operations, and performance within the UK building materials and retail sector. Reporting highlights branch network developments, digital initiatives, marketing campaigns, leadership changes, and responses to market challenges. Tailored for retail executives, operations managers, and industry stakeholders, the content provides insights into how Travis Perkins navigates the evolving construction and retail landscape.
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Jul- 2023 -12 JulyNews
Travis Perkins CFO to step down
Travis Perkins has announced that Alan Williams will be retiring as chief financial officer in 2024 after seven years with the company. Duncan Cooper, currently group finance director at Crest Nicholson, is set to succeed Williams. Cooper has held his position at Crest Nicholson since June 2019. Prior to that…
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Mar- 2023 -1 MarchDIY
Travis Perkins closes 19 stores as its profits fall 20% to £192m
DIY retailer and building material supplier Travis Perkins has revealed it reduced its store estate by 19 branches and axed 400 roles at the end of last year as its profits after tax fell 20% to £192m. Travis Perkins revealed the cost-saving decision in its full-year results for the year…
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Oct- 2022 -20 OctoberDIY
Travis Perkins Q3 sales jump 10%
Travis Perkins has revealed it delivered a resilient third quarter trading performance with total sales growth of 10.7% and like-for-like sales growth of 7.4%. It added the Merchanting businesses “continued to outperform their markets”, delivering total sales growth of 11.5% with trading performance remaining consistent throughout the quarter. Travis Perkins…
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Aug- 2022 -2 AugustHigh Street
Travis Perkins reports ‘good’ H1 performance
Travis Perkins has revealed an adjusted operating profit of £163m for the six month ended 30 June, down just 0.6% from the same period last year (£164m). It comes as the group posted strong revenue growth of 10.3% up to £2.5bn. It also reported strong market outperformance in merchanting with…
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Jul- 2022 -6 JulyDIY
Travis Perkins reports progress towards decarbonisation targets
Travis Perkins has announced that it is making good progress towards the ambitious Science Based Targets initiative (SBTi), a set of accredited carbon targets. The company first announced its participation in the initiative last year. It is reported that the group’s implementation of carbon data reporting, introduction of alternative fuel…
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Apr- 2022 -29 AprilNews
Sales surge at Travis Perkins as demand for housing climbs
Travis Perkins has seen a “positive” start to the year with the increased appetite for housing seeing total sales rise 13.6% from the prior year, according to its first quarter trading update for the three months to 31 March 2022. In the merchanting segment, total sales were up by 17.9%…
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Mar- 2022 -1 MarchDIY
Travis Perkins profits spike 175%
Travis Perkins plc has revealed its adjusted operating profits surged 175.8% for the year ending 31 December 2021 (FY21), rising year-on-year from £128m to £353m, and up 19% compared to pre-Covid levels. The group said the performance reflects the work undertaken to enhance its customer proposition through investment in network…
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Oct- 2021 -28 OctoberDIY
Travis Perkins hikes profit guidance amid ‘robust’ trading
Travis Perkins has upgraded its expected profit for its full-year results following a period of “robust” trading in recent months. The group now expects to report a profit of “at least” £340m, including around £40m in property profits. It comes as the group welcomed positive trading momentum with a like-for-like…
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21 OctoberPeople Moves
Travis Perkins appoints new group property director
Travis Perkins has appointed Nick Pinney as its new property director. His role is effective from 1 November 2021, and he will be reporting to the group’s CFO, Alan Williams. Pinney will replace Martin Meech in the role, who is retiring from the group at the end of 2021 after…
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Sep- 2021 -3 SeptemberDIY
Travis Perkins acquires new site for flagship branch
Travis Perkins has announced that it has acquired the former Motus Commercials site in the St Philips area of Bristol in a multimillion-pound deal for the creation of a new flagship branch. The site which was brokered by NG Chartered Surveyors, has been transformed into a new 20,000 sq ft…
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