Housing recovery boosts profit at builders merchant Travis Perkins February 26, 2014 TRAVIS Perkins enjoyed a 12.4 per cent rise in profits last year as the recovery in the housing market helped boost building activity in the UK. Adjusted profit before tax rose to £321m for the year to 31 December while earnings per share were up 14.3 per cent to 103.6p, ahead of analysts forecasts. Revenue [...]
Travis Perkins profits jump as Help to Buy boosts confidence February 26, 2014 Building merchant Travis Perkins has reported a rise in profits before tax of 12 per cent to £321m for the year ended 31 December. Revenue climbed to over £5bn, with annual growth of five per cent on a like-for-like basis. The company partly attributed the rising confidence in the building industry to the government's controversial [...]