Travis Perkins sales fall
By Sarah Wood | 29th April 2024
Sales have taken a dip at Travis Perkins in the first quarter.
Sales were down 3.7%, due to weakness in the new-build housing sector and a fall in domestic repair and maintenance, as reported by The Times.
The builders' merchant, which has stores in Gloucester, Cheltenham, Cirencester, Stroud, Bourton-on-the-Water, Tewkesbury, Moreton-in-Marsh, Cinderford and Lydney, reported that sales in its merchanting section were down 4.4% for the three months to the end of March.
Travis Perkins' previous forecast of annual adjusted operating profit of between £160m and £180m has stayed the same.
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