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Improvement across the boards for Travis Perkins

30 Jul 14 Builders’ merchant group Travis Perkins saw an 11.5% growth in group revenues in the first six months of the year and nearly 20% rise in adjusted pre-tax profit.

In the six months to 30 June 2014 Travis Perkins made 拢2,730.5m in revenues (2013 H1: 拢2449.5m).

Profit before tax, exceptional items and amortisation of intangible assets was 拢162.5m (2013 H1: 拢136.1m).

Reported pre-tax profit was 拢153.7m, up 14% from 拢134.7m for the same period last year.

All divisions saw growth in both sales and profits and are all outperforming their respective markets, the company said.

Chief executive John Carter said: "A combination of improving market conditions, increasing customer confidence and the successful introduction of a number of self-help initiatives has driven a strong first half performance.鈥

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