Travis Perkins delays FY results; shares slide again
14th Mar 2025 13:37
(Sharecast News) - Travis Perkins said on Friday that its results for the year to the end of December 2024 will be delayed as its auditor has requested additional time to complete standard audit procedures, sending shares in the builders' merchant tumbling for the second time this week.
Read moreTravis Perkins CEO Redfern to step down due to ill health
10th Mar 2025 15:59
(Sharecast News) - Travis Perkins said on Monday that chief executive Pete Redfern was stepping down with immediate effect due to ill health.
Read moreDirector dealings: Travis Perkins CEO snaps up shares
12th Nov 2024 14:42
(Sharecast News) - Travis Perkins revealed on Tuesday that chief executive Pete Redfern had acquired 249,218 ordinary shares in the FTSE 250-listed builders' merchant.
Read moreLondon close: Stocks mixed after barrage of corporate updates
24th Oct 2024 09:37
(Sharecast News) - London's stock markets ended Thursday with mixed results, with the top-flight index held aloft by strong earnings reports from major companies like Unilever and Barclays, as investors digested a slew of US data.
Read moreTravis Perkins revises guidance after weak third quarter
24th Oct 2024 07:19
(Sharecast News) - Travis Perkins revised its operating profit guidance on Thursday, after reporting a 5.7% decline in third-quarter group revenue thanks to weakness in its merchanting segment.
Read moreRBC hikes Travis Perkins targets, paints upbeat outlook
13th Sep 2024 11:43
(Sharecast News) - RBC Capital Markets has hiked its target price for Travis Perkins by more than a fifth, saying the builders merchant is well positioned ahead of the arrival of a new chief executive and chair-designate.
Read moreTravis Perkins H1 profits drop amid weak end markets
6th Aug 2024 07:35
(Sharecast News) - Travis Perkins posted a drop in first-half profit on Tuesday as it pointed to continued weak demand across its end markets and cut its profit outlook for the full year.
Read moreLondon close: Stocks rise as investors look to US data
10th Jul 2024 15:01
(Sharecast News) - London stocks closed on a positive note Wednesday, buoyed by robust performances in the airline sector and growing investor attention towards key economic events in the United States, although the top-flight index remained near recent lows.
Read moreTravis Perkins appoints new chief executive, chair
10th Jul 2024 07:18
(Sharecast News) - Travis Perkins announced the appointment of Pete Redfern as its new chief executive officer on Wednesday, and Geoff Drabble as chair designate, in two big changes to its leadership team.
Read moreBarclays upgrades on Travis Perkins to 'overweight'
16th May 2024 10:25
(Sharecast News) - Barclays has raised its rating on builders merchant Travis Perkins from 'equal weight' to 'overweight', saying that the stock is an "undervalued UK recovery play".
Read moreTravis Perkins Q1 revenues fall 3.7% on weak building sector demand
25th Apr 2024 07:54
(Sharecast News) - Building products supplier Travis Perkins said first quarter revenue fell 3.7% as weak demand in the construction sector continued to impact trading.
Read moreLondon close: Stocks finish firmer ahead of Easter break
28th Mar 2024 16:08
(Sharecast News) - London's equity markets closed higher on Thursday ahead of the Easter break, despite lingering concerns over the UK's recessionary status in the latter part of last year.
Read moreNick Roberts to step down as Travis Perkins CEO
27th Mar 2024 07:24
(Sharecast News) - Travis Perkins announced on Wednesday that Nick Roberts, who has served as chief executive officer for five years, would be stepping down from his role and from the board.
Read moreBerenberg lowers target price on Travis Perkins
7th Mar 2024 10:21
(Sharecast News) - Analysts at Berenberg lowered their target price on builders' merchant and home improvement retailer Travis Perkins from 880.p to 800.0p on Thursday, stating times were "still tough" for the company.
Read moreTravis Perkins mulling French exit as 2023 profits sink
5th Mar 2024 07:29
(Sharecast News) - Building merchant Travis Perkins said it is looking at exiting its French operations after seeing group operating profits more than halved in 2023.
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