TPK.L - Travis Perkins plc

LSE - LSE Delayed price. Currency in GBp
1,051.00
+5.00 (+0.48%)
At close: 4:35PM BST
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Previous close1,046.00
Open1,043.00
Bid0.00 x 0
Ask1,519.00 x 0
Day's range1,013.00 - 1,081.50
52-week range573.80 - 1,841.00
Volume435,199
Avg. volume1,358,945
Market cap2.65B
Beta (5Y monthly)1.31
PE ratio (TTM)21.71
EPS (TTM)48.40
Earnings date04 Aug 2020
Forward dividend & yieldN/A (N/A)
Ex-dividend date02 Apr 2020
1y target est1,180.87
  • Why quality and value could drive the Travis Perkins share price higher
    Stockopedia

    Why quality and value could drive the Travis Perkins share price higher

    Quality and value are two of the most important drivers of stock market returns - yet many investors fail to take them seriously. At a time of deep economic un...

  • EQS Group

    Travis Perkins: Results of AGM

    Travis Perkins (TPK) 28-Apr-2020 / 16:37 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. At the Annual General Meeting of Travis Perkins plc ("The Company") held at Ryehill House, Rye Hill Close, Lodge Farm Industrial Estate, Northampton NN5 7UA on Tuesday, 28 April 2020 at which 2 shareholders or their representatives were present. The result of the proxy vote on each resolution is given below:- Resolution SharesFor (1)% forShares Against% againstAbstain/ Votes Withheld(2) 1. To receive the Company's Annual Report and Accounts for the financial year ended 31 December 2019.166,707,78399.9828,3390.026,468,593 2. To approve the directors' remuneration report.157,918,94891.6614,370,3968.34915,371 3. To approve the Directors' Remuneration Policy.144,173,35083.2429,029,87216.761,493 4. To elect Marianne Culver as a Director.173,109,82099.9593,1940.051,702 5. To elect Blair Illingworth as a director.173,056,57999.92146,4350.081,702 6. To elect Nick Roberts as a director.173,109,82099.9593,1940.051,702 7. To re-elect Stuart Chambers as a director.141,971,65782.2430,662,11217.76570,947 8. To re-elect Coline McConville as a director159,561,84292.1213,641,1727.881,702 9. To re-elect Pete Redfern as a director.163,715,25894.529,487,7565.481,702 10. To re-elect Christopher Rogers as a director.159,433,07092.0513,769,9447.951,702 11. To re-elect John Rogers as a director.171,833,75699.211,369,2580.791,702 12. To re-elect Alan Williams as a director.170,299,97398.322,903,0411.681,702 13. To re-appoint KPMG LLP as auditor of the Company.165,932,45495.807,271,5394.20722 14. To authorise the Audit Committee to fix the remuneration of the auditor.167,313,35496.605,890,8533.40508 15. To authorise the directors to allot securities.149,566,76886.3523,637,94213.656 16. To authorise the directors to allot securities free from Pre-emption (Special Resolution).165,388,03695.497,815,5584.511,122 17. To authorise the directors to allot securities free from Pre-emption rights in limited circumstances (Special Resolution).144,793,61683.6028,411,09316.406 18. To authorise the Company to make market purchases of its own ordinary shares (Special Resolution).172,105,92599.421,011,7560.5887,034 19. To adopt new articles of association (special resolution).169,489,34797.863,713,6462.141,723 20. To call a general meeting other than an AGM on not less than 14 clear days' notice (Special Resolution).167,879,37696.935,325,3343.076 Notes(1) Includes discretionary votes(2) A vote withheld is not, in law, a vote and is not counted in the votes for or against a resolution In accordance with Listing Rule 9.6.2 copies of the resolutions passed as special business will be submitted to the National Storage Mechanism and will shortly be available for inspection. Details of the questions asked during the meeting will be available on the Company's website from tomorrow at https://www.travisperkinsplc.co.uk/investors/shareholder-centre/general-meetings/year/2020 In the case of queries, please contact: Robin Miller, Company Secretary 01604 503774 * * * ISIN: GB0007739609 Category Code: RAG TIDM: TPK LEI Code: 2138001I27OUBAF22K83 OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State Sequence No.: 60969 EQS News ID: 1032053 End of Announcement EQS News Service

  • EQS Group

    Travis Perkins: Travis Perkins plc - COVID-19 and Trading update

    Travis Perkins (TPK) 28-Apr-2020 / 07:00 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. 28 April 2020 Travis Perkins plc \- COVID-19 and Trading update Nick Roberts, Chief Executive, commented: "In light of the COVID-19 emergency, we have established a new operating model that has kept colleagues and customers safe, operating within Government guidelines, and enabling branches across all of the Group's businesses to remain open. Moreover, we have provided essential services and support to keep the nation's critical infrastructure maintained and operational and the UK's homes warm, dry and safe during this time of need. "We continue to adapt our operations, applying stringent social distancing and using technology to enable contactless operations, and we are therefore able to respond to the Government's call to ensure that the construction industry can continue to deliver on crucial programmes and projects and be an engine for future economic recovery. "As we move forward we will continue to adjust our operations, with our foremost priority to keep colleagues and customers safe and the industry supplied with the materials it needs." AGMThe AGM will take place at 9.30am today at the offices of the Company in Northampton. As stated in the AGM Notice on 3 April 2020, in light of the impact of the COVID-19 pandemic the AGM will be held with only the Chairman of the Board and the Company Secretary & General Counsel present, who together will form the quorum for the meeting, with no other attendees. A live audio feed will be accessible to shareholders. Business operations and tradingSince late March, the Group has been running a "service-light" operating model, focusing on serving customers through remote, non-contact channels. Throughout the early weeks of the lockdown, around a third of our total Merchanting branches and around half of all Plumbing and Heating branches were operating. These sites have been primarily running call and collect or direct delivery services to support essential construction programmes. These include the construction of key NHS assets including the Nightingale hospital network, the ongoing maintenance of national infrastructure and support for the essential repair and maintenance of domestic homes. Wickes and Toolstation have been operating across the vast majority of their branch networks, with branches acting as fulfilment centres for transactions completed via digital channels for either direct delivery, or with essential items being available for collection within a designated time slot. The Wickes Kitchen & Bathroom design and installation service, usually contributing around a third of Wickes sales, remains closed. In the first three weeks of April, operating through the service-light model, Group total revenue was approximately one-third of the same period in 2019 on a comparable basis. In recent weeks, the Group has been working closely with customers, suppliers, trade bodies and the UK Government to develop safe-working protocols which can be applied across the construction supply chain to enable more activity to be carried out safely under lockdown. Since 20 April, the Group has been carefully opening more of its Merchant branch network, with branches continuing to operate the service-light, non-contact operating model. This will give greater support to large construction firms and subcontractors as they restart construction sites, and give smaller, local trade customers improved access to products. Revenue performance in Wickes and Toolstation has continued to improve with the businesses responding at pace to the changing nature of the trading environment, reconfiguring to significantly increase the capability of distribution networks to cope with the high levels of consumer demand. Cost base mitigationsActions have been taken to reduce and carefully manage the operating cost base of the Group, with all businesses taking decisive actions to eliminate discretionary spend. In addition, the Group has accessed the Government support schemes which have been put in place. The closure of branches, particularly across the Merchanting businesses, has led to the furlough of both front line branch teams and colleagues in support functions. Altogether around half of the Group's 30,000 colleagues were furloughed for the first three weeks of the lockdown. Colleagues have been furloughed on full pay, with leadership teams and remaining colleagues working hard to sustain high levels of communication to maintain team cohesion and morale. In addition, a decision was taken and announced internally on 7 April 2020 by the Board of Directors and the Group Leadership Team to voluntarily reduce their salaries by 20% effective from 1 May for a period of three months. The Group is benefitting from the business rates holiday, a saving of around £90m for the Group on an annualised basis. Cash managementThe Group continues to act to reduce cash commitments in order to conserve liquidity in the short-term, including benefiting from the deferral of VAT payments. Discussions have been held with landlords across the businesses to move the timing of rent payments where possible, including moving rental payments from quarterly in advance to monthly in arrears. A rigorous review of capital expenditure has been carried out, with discretionary capex not already committed being postponed until there is a greater degree of certainty around any future economic recovery. Maintenance capex, which is primarily focused on the Group's vehicle fleet, has been curtailed in line with the drop in revenue and delivered sales. Overall, the combination of current trading levels and the mitigations taken to control the overhead cost base means that for the first month of lockdown the Group experienced an overhead cash outflow of around £50m. With more Merchanting branches beginning to open with a corresponding increase in sales volume and the continued progression of trading in the Wickes and Toolstation businesses, the Group expects this cash outflow to reduce over the coming weeks. Robust financial position maintainedThe Group continues to maintain a strong liquidity headroom position with a robust balance sheet. The Group has carried out detailed scenario analysis of liquidity headroom with the key focus being near-term working capital management, and specifically on the recovery of trade debtor values from customers. Collections to date have been encouraging and are further supported by the progressive opening of additional Merchanting branches. With the £400m revolving credit facility (RCF) fully drawn, as at 24 April 2020 the Group had £522m of cash on deposit. The Group maintains a good relationship with its core lending syndicate. OutlookThe Group has adapted its business operations at pace, working with industry and Government to design and implement safe ways of working and accelerating the use of technology for improved customer convenience, and greater flexibility and simplicity. These actions have positioned the Group well to support customers across the wider construction industry as a critical economic engine for growth. Given the ongoing, considerable level of uncertainty, the Group is unable to provide an accurate assessment on trading and withdrew market guidance on 20 March 2020. Whilst the uncertainty continues with respect to both the duration of the lockdown period and the eventual shape of the UK economic recovery, the Group remains focused on near-term actions to maintain the safety and welfare of its colleagues, customers and suppliers, and to promote safe practices which can enable more construction work to recommence. Q1 tradingAs reported in our statement on 20 March, the Group delivered a good performance in the first two and a half months of 2020, continuing the positive momentum from 2019. Performance was then significantly impacted by the COVID-19 pandemic and the lockdown measures introduced in the UK from 24 March. Q1 2020 sales growthMerchanting(1)Toolstation(1)Retail(2)P&H(1)Group(1) LFL Sales(8.7)%9.1%4.5%(1.9)%(3.8)% Net new spaceand acquisitions(0.6)%20.8%(1.0)%(12.4)%(2.0)% Trading days1.4%1.2%-1.6%1.2% Total Sales growth(7.9)%31.1%3.5%(12.7)%(4.6)% Enquiries:Travis Perkins Powerscourt Graeme Barnes Justin Griffiths / James White +44 (0) 7469 401819 +44 (0) 207 2501446 graeme.barnes@travisperkins.co.uk travisperkins@powerscourt-group.com Footnotes (1) Like-for-like sales growth for the three month period ended 31 March 2020 compared to the three month period ended 31 March 2019. Total sales growth for the three month period ended 31 March 2020 compared to the three month period ended 31 March 2019. (2) Wickes like-for-like and total sales growth for the 13 week period ended 28 March 2020 compared to the 13 week period ended 30 March 2019. * * * ISIN: GB0007739609 Category Code: QRF TIDM: TPK LEI Code: 2138001I27OUBAF22K83 Sequence No.: 60696 EQS News ID: 1030975 End of Announcement EQS News Service

  • EQS Group

    Travis Perkins: Listing Rule 9.2.6E - Rights Attaching to Listed Equity Shares

    Travis Perkins (TPK) 27-Apr-2020 / 15:26 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. Travis Perkins plc (the 'Company')Listing Rule 9.2.6E - Rights Attaching to Listed Equity Shares In compliance with Listing Rule 9.2.6E, the Company has submitted to the National Storage Mechanism a summary of the rights attaching to its listed equity shares, which will shortly be available for inspection at https://data.fca.org.uk//nsm/nationalstoragemechanism. Enquiries: Richard HawkerAssistant Company SecretaryTel: 07920 267453 * * * ISIN: GB0007739609 Category Code: MSCM TIDM: TPK LEI Code: 2138001I27OUBAF22K83 OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State Sequence No.: 60511 EQS News ID: 1030499 End of Announcement EQS News Service

  • Is It Too Late To Consider Buying Travis Perkins plc (LON:TPK)?
    Simply Wall St.

    Is It Too Late To Consider Buying Travis Perkins plc (LON:TPK)?

    Travis Perkins plc (LON:TPK), which is in the trade distributors business, and is based in United Kingdom, saw a...

  • EQS Group

    Travis Perkins: Publication of 2020 Notice of Annual General Meeting

    Travis Perkins (TPK) 03-Apr-2020 / 17:49 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. Publication of the 2020 Notice of Annual General Meeting&Annual General Meeting arrangements in light of COVID19 Travis Perkins plc (the "Company") announces that its 2020 Notice of Annual General Meeting ("AGM") together with the 2019 Annual Report and Financial Statements has today been posted to Shareholders who elected to receive them in hard copy form. The following documents are available on the Company's website (https://www.travisperkinsplc.co.uk/investors/shareholder-centre/general-meetings/year/2020) and in accordance with rule 9.6.1 of the Listing Rules, copies have been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM: * 2020 Notice of Annual General Meeting * Proxy Form for the 2020 Annual General Meeting The announcement of the Company's 2019 results together with the publication of the 2019 Annual Report and Financial Statements was issued on 03 March 2020 and can be found on the Company's website at https://www.travisperkinsplc.co.uk/investors/results-reports-and-presentations/year/2020 The AGM will take place at 9.30am on Tuesday, 28 April 2020 at the offices of the Company at Ryehill House, Rye Hill Close, Lodge Farm Industrial Estate, Northampton NN5 7UA. In light of the impact of COVID19 and following the introduction by the Government of compulsory measures prohibiting, amongst other things, public gatherings of more than two people, ("Stay at Home" rules) the Company intends to adopt the following approach to this year's AGM: * The AGM is expected to be held with only two Directors or senior employees present, each of whom is either a shareholder, or a proxy or a corporate representative appointed by a shareholder. No other shareholder, proxy or corporate representative should attend the AGM in person. The chairman of the AGM will exercise his powers to exclude any person who attempts to do so, and they will not be permitted entry to the location of the AGM. * All resolutions at the AGM will be decided on a poll. Shareholders will still be able to vote in advance of the AGM by proxy. Shareholders are strongly encouraged to appoint the chairman of the AGM as their proxy and he will vote in accordance with their instructions. You can vote by proxy online via the share portal at www.travisperkins-shares.com. Proxy forms may be downloaded from https://www.travisperkinsplc.co.uk/investors/shareholdercentre/general-meetings/year/2020 and once completed sent to our registrar, Link. * Questions on the business of the meeting should be submitted in writing in advance, to the Company Secretary at Ryehill House, Rye Hill Close, Lodge Farm Industrial Estate, Northampton NN5 7UA or by email to cosec@travisperkins.co.uk. * It is intended that a live audio feed of the AGM will be accessible to shareholders. We are closely monitoring the impact of COVID19. Full details of the current AGM arrangements are set out in the Notice of AGM. Should any changes be made to those arrangements we will notify shareholders via RNS announcement and on the Company's website. The Company further announces that following the announcement on 20 March that the Company had paused the demerger of Wickes, Christopher Rogers will stand for re-election as a Director at the Company's forthcoming AGM. He also re-joins the Remuneration Committee, effective immediately. \- ENDS - Enquiries: Travis Perkins PowerscourtRobin Miller Justin Griffiths / James White01604 503774 +44 (0) 207 2501446cosec@travisperkins.co.uk justin.griffiths@powerscourt-group.comjames.white@powerscourt-group.com * * * ISIN: GB0007739609 Category Code: NOA TIDM: TPK LEI Code: 2138001I27OUBAF22K83 OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State Sequence No.: 56650 EQS News ID: 1015597 End of Announcement EQS News Service

  • EQS Group

    Travis Perkins: Director/PDMR Shareholding

    Travis Perkins (TPK) 02-Apr-2020 / 17:09 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. Travis Perkins PLC(the 'Company') Notifications of transactions by Persons Discharging ManagerialResponsibilities ('PDMRs') Travis Perkins plc ("the Company") has been notified that the PDMRs listed below acquired ordinary shares of 10 pence each ('Shares') in the Company on 1 April 2020 at a share price of £8.69 in accordance with the Company's non-executive director fee structure. PDMRNumber ofSharesacquiredTotal Holding ofshares followingacquisition Stuart Chambers 4048,069 Marianne Culver 62222 Blair Illingworth 76244 Coline McConville 1023,586 Peter Redfern 7810,367 Christopher Rogers 1008,684 John Rogers 932,823 The Notification of Dealing Forms for these transactions can be found below.For further information please contact: Richard HawkerAssistant Company Secretary07920 267453 Notification of Dealing Form 1Details of the person discharging managerial responsibilities/ person closely associated a)Name 1. Stuart Chambers 2. Marianne Culver 3. Blair Illingwortth 4. Coline McConville 5. Peter Redfern 6. Christopher Rogers 7. John Rogers 2Reason for the notification a)Position/StatusNon-Executive Director b)Initial notification/AmendmentInitial Notification in each case 3Details of the issuer, emission allowance market participant, auction platform, auctioneeror auction monitor a)NameTravis Perkins plc b)LEI2138001I27OUBAF22K83 4Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)each type of transaction; (iii) each date; and; (iv) each place where transaction have beenconducted a)Description of the financialinstrument,type of instrumentIdentification codeOrdinary Shares of 10 pence each ISIN: GB0007739609 b)Nature of the transactionPurchase of shares under the Company's non-executive director fee structure, by which the non-executive director agrees to purchase shares in the capital of the Company on a monthly basis using part of their net monthly fee c)Price(s) and volume (s) Price(s)Volume(s) £ 8.69 1. 404 2. 62 3. 76 4. 102 5. 78 6. 100 7. 93 d)Aggregated information -Aggregated volume -Price AggregatePriceAggregateVolumeAggregateTotal £8.69 1. 404 2. 62 3. 76 4. 102 5. 78 6. 100 7. 93 1. £3,510.76 2. £538.78 3. £664.44 4. £886.38 5. £677.82 6. £869.00 7. £808.71 e)Date of the transaction2 April 2020 f)Place of the transactionXLON * * * ISIN: GB0007739609 Category Code: DSH TIDM: TPK LEI Code: 2138001I27OUBAF22K83 OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State Sequence No.: 56380 EQS News ID: 1014519 End of Announcement EQS News Service

  • EQS Group

    Travis Perkins: Total Voting Rights

    Travis Perkins (TPK) 02-Apr-2020 / 17:05 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. Travis Perkins PLC (the 'Company')Total Voting Rights In conformity with DTR5.6.1R, the Company notifies the market of the following: As at the date of this announcement, the Company's issued share capital consists of 252,143,923 ordinary shares with a nominal value of 10 pence each ("Ordinary Shares"), with voting rights. The Company does not hold any Ordinary Shares in Treasury. Therefore, the total number of Ordinary Shares with voting rights is 252,143,923. The above figure of 252,143,923 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the Financial Conduct Authority's disclosure and transparency rules. Enquiries: Richard HawkerAssistant Company Secretary Tel: 07920 267453 * * * ISIN: GB0007739609 Category Code: TVR TIDM: TPK LEI Code: 2138001I27OUBAF22K83 OAM Categories: 2.5. Total number of voting rights and capital Sequence No.: 56378 EQS News ID: 1014513 End of Announcement EQS News Service

  • Travis Perkins: a super stock for your portfolio?
    Stockopedia

    Travis Perkins: a super stock for your portfolio?

    The average investor often significantly underperforms a simple index. Blame the neurological wiring that we all share. Chances are, your behavioral biases are8230;

  • Reuters - UK Focus

    MORNING BID-An emergency

    The Fed has moved on from backstopping financial markets to helping support the real economy. The view may have been that, while the Fed cash injections will ensure financial market liquidity, they won't stem the economic damage that's underway. One reason could be the news that China's Hubei province, where the coronavirus pandemic originated, is lifting travel restrictions, raising hopes the Chinese economy can lead the world economy back toward better times.

  • Reuters - UK Focus

    LIVE MARKETS-Futures hold onto gains, flash PMIs in focus

    You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@thomsonreuters.com), Joice Alves (joice.alves@thomsonreuters.com) and Julien Ponthus (julien.ponthus@thomsonreuters.com) in London. Pointing to the ping-pong action in markets, Deutsche Bank's Jim Reid says "markets are continuing to bounce up on the latest policy announcements and then sliding back down as the economic reality of the situation re-emerges." One of the economic reality the market faces today is in the form of flash PMIs which will later in the morning show us the first major reading into the economic damage from coronavirus.

  • EQS Group

    Travis Perkins plc - COVID-19 update

    Travis Perkins (TPK) 20-March-2020 / 07:00 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. 20 March 2020 Travis Perkins plc - COVID-19 update The Group's trading performance in 2020 has been in line with expectations, with solid trading in the Merchanting businesses and a strong start in Toolstation and Wickes. Total Group sales grew by 2.4% year-to-date[1], and recent trading has not yet shown a significant sales impact as a result of COVID-19. However, due to the rapidly evolving situation and the dynamic UK Government response to the impact of COVID-19, the Group expects the trading environment to change quickly and materially in the coming weeks. In response to this, the Board is taking prudent decisions in order to successfully navigate this period of turmoil. These include the suspension of the proposed full-year 2019 dividend and the pausing of the Wickes demerger process in light of current extreme stock market volatility. Robust financial positionThe Travis Perkins Group enters the expected coming period of volatility in a strong position and with a robust balance sheet. The Group has significant liquidity headroom; at 19 March 2020 the Group held £185m of cash on deposit, in addition to an undrawn revolving credit facility (RCF) of £400m. The Group maintains a close relationship with its core lending syndicate. Overall, the Group's debt maturities are well spread with no immediate refinancing required. Mitigating actionsTaking into account the current level of uncertainty, and the possibility of considerable disruption to the economy, the construction and RMI markets and to the Group's business, the Board has taken the prudent decision to suspend the final dividend payment of 33.0p per ordinary share that was proposed with the announcement of the full-year 2019 results on 3 March 2020. Should the Group experience a reduction in sales volume, either from enforced store closures or a wider reduction in economic and market activity, plans are in place to balance the protection of profitability and preservation of operating cash flow with the long-term needs of the business. Actions include reducing operating costs where sensible to do so, a robust assessment of all capital expenditure requirements, and careful management of inventory and other working capital. The Group will make use of tax relief and other Government measures as they become available. Wickes demergerGood progress has been made in recent months to prepare for the separation of Wickes. However, given the current level of uncertainty surrounding the impact of COVID-19 on the Group's end markets, as well as the extreme volatility in global and UK equity markets, the Board has concluded that it would be prudent to pause the Wickes demerger process so that the Board and our colleagues can focus on managing the Group through the current challenges. Whilst it is impossible to know exactly when it will be appropriate to re-start the demerger process, the intent to demerge remains unchanged, and we believe that we are in an advanced state of preparedness and would hope to be able to move forward swiftly when it is appropriate to do so. OutlookThe current level of uncertainty means it is too early for the Group to provide an accurate assessment on trading and the Group withdraws all market guidance in the near-term. The Group will provide further updates when there is greater clarity on the impact of COVID-19 on the trading environment. Nick Roberts, CEO, commented: "Our highest priority is the health and safety of our colleagues, customers, suppliers and all other stakeholders, and we have taken decisive action to mitigate the risks we are facing as a business, and implementing contingency plans across the Group. We are absolutely committed to fulfilling the essential role we play in the UK construction industry supply chain in keeping the UK dry, warm, maintained and operational; providing materials, working capital funding and support for our trade customers, large and small. "Whilst there is unprecedented uncertainty on how the virus outbreak will directly impact our markets and our businesses, we enter this period from a position of strength and security, with a strong balance sheet and access to significant committed liquidity." Enquiries:Travis Perkins Powerscourt Graeme Barnes Justin Griffiths / James White +44 (0) 7469 401819 +44 (0) 207 2501446 graeme.barnes@travisperkins.co.uk travisperkins@powerscourt-group.com * * *[1] Total sales growth to 18 March 2020, excluding Toolstation Europe and PF&P wholesale * * * ISIN: GB0007739609 Category Code: MSCM TIDM: TPK LEI Code: 2138001I27OUBAF22K83 Sequence No.: 53575 EQS News ID: 1002527 End of Announcement EQS News Service

  • Estimating The Fair Value Of Travis Perkins plc (LON:TPK)
    Simply Wall St.

    Estimating The Fair Value Of Travis Perkins plc (LON:TPK)

    Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Travis Perkins plc...

  • UK's Travis Perkins beats revenue estimates on Wickes' growth
    Reuters

    UK's Travis Perkins beats revenue estimates on Wickes' growth

    The company, which is streamlining to focus primarily on its fast-growing trade business, said its planned demerger of Wickes was proceeding smoothly and that it expected it to be a standalone listed business in the second quarter of 2020. "Against a challenging market backdrop we have delivered a strong operational and financial performance across the group," Chief Executive Officer Nick Roberts said. Britain's construction industry had been hit by Brexit uncertainties for most of last year as Britons and institutions held back on committing to building homes and office blocks, in turn hampering demand for materials.

  • EQS Group

    Travis Perkins: Director / PDMR Shareholding

    Travis Perkins (TPK) 04-Feb-2020 / 16:30 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. Travis Perkins PLC(the 'Company') Notifications of transactions by Persons Discharging ManagerialResponsibilities ('PDMRs') Travis Perkins plc ("the Company") has been notified that the PDMRs listed below acquired ordinary shares of 10 pence each ('Shares') in the Company on 3 February 2020 at a share price of £15.5964 in accordance with the Company's non-executive director fee structure. PDMRNumber ofSharesacquiredTotal Holding ofshares followingacquisition Ruth Anderson 595,404 Stuart Chambers 2247,431 Marianne Culver 34124 Blair Illingworth 34124 Coline McConville 573,424 Peter Redfern 4310,245 Christopher Rogers 558,525 John Rogers 362,691 The Notification of Dealing Forms for these transactions can be found below.For further information please contact: Richard Hawker Assistant Company Secretary 07920 267453 Notification of Dealing Form 1Details of the person discharging managerial responsibilities/ person closely associated a)Name 1. Ruth Anderson 2. Stuart Chambers 3. Marianne Culver 4. Blair Illingwortth 5. Coline McConville 6. Peter Redfern 7. Christopher Rogers 8. John Rogers 2Reason for the notification a)Position/Status Non-Executive Director b)Initial notification/Amendment Initial Notification in each case 3Details of the issuer, emission allowance market participant, auction platform, auctioneeror auction monitor a)Name Travis Perkins plc b)LEI 2138001I27OUBAF22K83 4Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and; (iv) each place where transaction have beenconducted a)Description of the financialinstrument, type of instrumentIdentification code Ordinary Shares of 10 pence each ISIN: GB0007739609 b)Nature of the transaction Purchase of shares under the Company's non-executive director fee structure, by which the non-executive director agrees to purchase shares in the capital of the Company on a monthly basis using part of their net monthly fee c)Price(s) and volume (s) Price(s)Volume(s) £ 15.5964 1. 59 2. 224 3. 34 4. 34 5. 57 6. 43 7. 55 8. 36 d)Aggregated information -Aggregated volume -Price AggregatePriceAggregateVolumeAggregateTotal £15.5964 1. 59 2. 224 3. 34 4. 34 5. 57 6. 43 7. 55 8. 36 1. £920.19 2. £3,493.59 3. £530.28 4. £530.28 5. £888.39 6. £670.65 7. £885.80 8. £561.47 e)Date of the transaction3 February 2020 f)Place of the transaction XLON * * * ISIN: GB0007739609 Category Code: DSH TIDM: TPK LEI Code: 2138001I27OUBAF22K83 OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State Sequence No.: 44678 EQS News ID: 968005 End of Announcement EQS News Service

  • Reuters

    Travis Perkins's Wickes on track for demerger after strong quarter

    Travis Perkins , Britain's biggest building materials group, said its Wickes home improvement business is on track to demerge in the second quarter as it reported strong fourth-quarter trading. Ahead of its capital markets day for investors on Wednesday, it said Wickes' like-for-like sales rose 4.5% in the 13 weeks to Dec. 28, driven by robust demand across its core business (local trade and "do-it-yourself") and its "do-it-for-me" (DIFM) operation. Wickes' 2019 like-for-like sales grew 8.7%.

  • The Travis Perkins (LON:TPK) Share Price Has Gained 32% And Shareholders Are Hoping For More
    Simply Wall St.

    The Travis Perkins (LON:TPK) Share Price Has Gained 32% And Shareholders Are Hoping For More

    Passive investing in index funds can generate returns that roughly match the overall market. But you can significantly...

  • Reuters

    Travis Perkins names Christopher Rogers chairman designate of Wickes

    Travis Perkins , Britain's biggest building materials group, on Wednesday named Christopher Rogers as chairman designate of Wickes, the home improvement retailer it plans to demerge. Rogers is a former finance director of Whitbread and managing director of Costa Coffee and former finance chief of retailer Woolworths.

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