All the updated news related to travis perkins

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City

Travis Perkins reveals it axed 400 jobs and closed branches to slash costs

Builders’ merchant Travis Perkins has revealed it axed 400 jobs and shut 19 branches at the end of last year as a slowdown in the construction sector hit its bottom line. The group, which owns the Toolstation chain, said it was forced to take some ...

28 Feb 2023 at 10:27

City

Travis Perkins slashes profit outlook as interest rates hit housing market

A weak housing market has hit builders’ merchant Travis Perkins, forcing it to cut back profit expectations to levels that not even its most pessimistic analysts had foreseen. The business said that its performance in the first quarter of the ...

16 Jun 2023 at 13:51

City

Travis Perkins reveals year-end job losses and signals further staff cuts

Builders’ merchant Travis Perkins has revealed it axed jobs at the end of last year and signalled further cuts as it slashes costs in the face of a construction slowdown. The group, which also owns the Toolstation chain, said the job cuts ...

18 Jan 2024 at 09:52

City

UK construction sector unlikely to recover until after election – Travis Perkins

The UK construction sector is unlikely to see any serious recovery until after a government is installed following the election expected later this year, Travis Perkins has said. The seller of construction products said that its ...

05 Mar 2024 at 09:09

City

Price rises drive jump in Travis Perkins sales

Construction supplier Travis Perkins has revealed a jump in sales over the past quarter as it was buoyed by higher prices. The group, which also runs the Toolstation chain, told investors on Thursday that total sales grew by 10....

20 Oct 2022 at 09:59

City

Travis Perkins boss leaves due to ill health after six-month tenure

Building supplies firm Travis Perkins has launched a search for a new chief executive as it announced Pete Redfern was leaving due to ill health, six months into the role. Shares in Travis fell more than 5% shortly after the ...

10 Mar 2025 at 13:26

City

Travis Perkins says construction recovery ‘uncertain’ as sales slide

Travis Perkins has revealed a slump in sales as weaker pricing and waning demand impacted its builders’ merchants business. The London-listed company also revealed that profits slumped by almost a quarter during a ...

01 Apr 2025 at 07:56

City

Travis Perkins boss blames ‘distraction’ as profit outlook cut once again

The new boss of Travis Perkins has said the building supplies firm has allowed itself to become “distracted” as the group slashed its profit outlook for the second time in three months after another hefty sales ...

24 Oct 2024 at 13:38

City

Higher interest rates weigh on demand for builders’ merchant Travis Perkins

Builders’ merchant Travis Perkins has felt the impact of a housing market stalled by rising mortgage rates as it reported sinking profits. The retailer said that it had experienced a “challenging” first half ...

01 Aug 2023 at 16:07

City

Travis Perkins sets out plan to train 10,000 apprentices

Travis Perkins has revealed plans to train 10,000 apprentices by 2030. The building materials firm said it hopes the target will help address a “critical industry skills gap” and develop skills needed to ...

08 Mar 2023 at 07:00

City

Travis Perkins returns to profit as housing market booms

Building supplies business Travis Perkins enjoyed a strong boost in sales and returned to profitability as the company benefited from the boom in housebuilding and renovations during the pandemic. The ...

01 Mar 2022 at 08:55

City

Travis Perkins profit slumps after demand for building projects wanes

Travis Perkins has said its profit dropped by a third this year, as the UK’s biggest building supplies firm was weighed down by falling prices and an ongoing slowdown across the UK’s construction ...

06 Aug 2024 at 09:02

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