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Travis Perkins: Results of AGM
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15 April 2021 | 07:56am
StockMarketWire.com - Travis Perkins has reported an encouraging start to the year , as like-for-like sales grew 17.4%.
It has also seen good like-for-like growth in Merchanting and P&H, up 15.5% and 11.4% respectively, underpinned by sales retention from the 2020 restructuring programme, and continued acceleration of Toolstation growth with like-for-like sales up 42.0%,
There has been ongoing strong performance in Wickes with like-for-like sales up 19.7% and the Wickes demerger is due to complete with trading in Wickes shares commencing on 28 April.
Travis Perkins share consolidation will be effective following market close on 28 April, with trading in new Travis Perkins shares commencing on 29 April.