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BUZZ-Travis Perkins: Shareholders unimpressed by bleak clarity on outlook

Reuters - UK Focus

** Travis Perkins (LSE: TPK.L - news) top loser on FTSE 100 despite co reporting results in line with analysts' estimates

** Shares (Berlin: DI6.BE - news) in co down 3 pct, top loser on FTSE 350 Support Services Index

** Accendo Markers says shareholders don't seem satisfied with Travis Perkins simply stating that there are signs of recovery

** Traders and larger institutional investors will be viewing the co's current price as somewhat toppy given that the last time shares traded around this level was just before the 2008 financial crash, Accendo Markets says

** Liberum analysts say results in line but overall profit performance held back by timing of property profits, one-off non-cash interest item and impact of higher opex and capex

(aashika.jain@thomsonreuters.com)