BREAKING NEWS

BREAKING NEWS

Travis Perkins to meet full-year expectations as growth accelerates​

Now Reading:

Travis Perkins to meet full-year expectations as growth accelerates​

Text size Aa Aa

LONDON (Reuters) – Travis Perkins <TPK.L>, Britain’s biggest supplier of building materials, on Thursday reported a step-up in underlying sales growth in its latest quarter and said it was on track to achieve full-year expectations. The group, which trades from over 20 businesses includingTravis Perkins, Wickes, BSS, Toolstation and Tile Giant, said total sales rose 3.5 percent in the third quarter of 2017, while like-for-like sales rose 4.1 percent. That compares with first half growth of 3.5 percent and 2.7 percent respectively. [nL5N1KM11W] However, the group said it remained cautious on the market outlook and continued to carefully manage its underlying cost base.

(Reporting by James Davey, Editing by Paul Sandle)
euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.