Travis Perkins profits fall 16% as housing market slows down
28th Feb 2023 07:40
(Sharecast News) - UK builders merchant Travis Perkins on Tuesday reported a fall in annual profit due to a tougher housing market and restructuring costs, which offset a rise in sales.
Read moreLiberum downgrades Travis Perkins to 'hold'
14th Dec 2022 08:19
(Sharecast News) - Liberum downgraded Travis Perkins to 'hold' from 'buy' on Wednesday, as it took "a more selective stance".
Read moreTravis Perkins Q3 sales rise, FY profit seen in line
20th Oct 2022 07:10
(Sharecast News) - Builders' merchant Travis Perkins posted a rise in third-quarter sales on Thursday as it said full-year operating profit was set to come in around the middle of the current range of market expectations.
Read moreRBC Capital cuts Travis Perkins target price after Toolstation miss
4th Aug 2022 13:06
(Sharecast News) - RBC Capital Markets cut its price target on shares of Travis Perkins on Thursday following the company's first-half results earlier in the week.
Read moreWednesday preview: US services PMIs, Travis Perkins in focus
2nd Aug 2022 14:12
(Sharecast News) - Investors' focus in the middle of the week, leaving geopolitics aside for the moment, will be on a raft of survey readings for services sector activity on both sides of the Pond.
Read moreTravis Perkins slumps as Toolstation swings to loss
2nd Aug 2022 08:51
(Sharecast News) - Travis Perkins was under the cosh on Tuesday after the DIY retailer said its Toolstation business swung to a loss in the first half as the pandemic boost faded.
Read moreBerenberg downgrades Travis Perkins to 'hold'
10th Jun 2022 10:55
(Sharecast News) - Analysts at Berenberg downgraded builders' merchant and home improvement retailer Travis Perkins from 'buy' to 'hold' on Friday, stating it now sees more upside elsewhere.
Read moreTravis Perkins sees prices rises as higher proportion of sales growth
29th Apr 2022 07:03
(Sharecast News) - Building materials supplier Travis Perkins said higher prices would form a higher proportion of sales growth this year due to inflation as it posted a rise in first-quarter sales and maintained guidance.
Read moreJefferies downgrades Travis Perkins to 'hold'
8th Mar 2022 10:08
(Sharecast News) - Jefferies downgraded Travis Perkins on Tuesday to 'hold' from 'buy' and slashed the price target to 1,416p from 2,189p.
Read moreBuilders' merchant Travis Perkins swings to full-year profit
1st Mar 2022 07:56
(Sharecast News) - Builders' merchant Travis Perkins said on Tuesday that it swung to a full-year profit despite inflationary pressures.
Read moreTravis Perkins extends share buyback programme by £70m
14th Dec 2021 07:42
(Sharecast News) - Travis Perkins said on Tuesday that it was extending its share buyback programme by £70m.
Read moreUK house price growth doubles forecasts but outlook 'uncertain'
1st Dec 2021 08:00
(Sharecast News) - House price growth continued at a brisk pace in November, buoyed by "robust" conditions in the labour market, but the multiple headwinds the sector was facing meant that the outlook was uncertain.
Read moreTravis Perkins raises profit guidance as positive momentum continues
28th Oct 2021 08:52
(Sharecast News) - Builders' merchant Travis Perkins lifted full-year guidance as recent positive trading momentum continued during the third quarter, with the group now expecting full-year adjusted operating profits to be ahead of current market expectations.
Read moreTravis Perkins to return plumbing unit sale cash through special divi, buyback
21st Sep 2021 07:42
(Sharecast News) - Builder's merchant Travis Perkins on Tuesday said it was returning the net proceeds from the £325m sale of its plumbing business earlier this year to shareholders through a special dividend and share buyback.
Read moreTravis Perkins lifts guidance, to pay special divi as profits return
3rd Aug 2021 07:42
(Sharecast News) - Builders merchant Travis Perkins lifted full-year guidance and said it would pay a special dividend as it returned to profit after a recovery in its repairs, maintenance and improvement (RMI) markets .
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