Travis Perkins plc - 31년 2024월 XNUMX일까지 XNUMX개월 동안의 XNUMX분기 거래 업데이트
트래비스 퍼킨스(TPK) 25 4월 2024
Travis Perkins plc, a leading partner to the construction industry, announces its first quarter trading update for the three months to 31 March 2024
As anticipated, trading remained challenging as macroeconomic uncertainty continues to impact demand across the construction sector. This resulted in Group revenue being down by (3.7)%* in the first quarter.
The General Merchant business continues to gain market share but, with trading volumes remaining subdued, sales across the Merchanting segment were down by (4.4)%* in the quarter. Pricing has largely stabilised but remains lower than prior year, primarily due to the rollover impact of timber deflation, with this trend expected to continue through the first half of the year.
Toolstation UK, facing into weak RMI demand, saw revenues decline by (0.9)%*. The business remains focused on delivering long-term loyalty and sustainable value leadership whilst driving benefits from recent infrastructure investment.
Following the delivery of £35m of cost savings from a reduction in regional and central headcount, work continues to address loss-making activities within the Group’s portfolio and to access longer-term structural benefits. These will be achieved through the simplification of the Group’s operating model, reducing supply chain costs and harnessing the benefits from new technology. Management will provide an update on progress at the Group’s half year results on 6th August 2024.
* 거래일 조정
문의 :
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ISIN : | GB00BK9RKT01 |
카테고리 코드: | QRF |
TIDM: | TPK |
LEI 코드: | 2138001I27OUBAF22K83 |
OAM 카테고리: | 3.1. 회원국 법률에 따라 공개해야 하는 추가 규제 정보 |
시퀀스 번호: | 317749 |
EQS 뉴스 ID: | 1888773 |
발표 종료 | EQS 뉴스 서비스 |
EQS Group AG에서 전송한 영국 규정 발표. 발행자는 이 발표의 내용에 대해 전적인 책임을 집니다.