Travis Perkins (GB:TPK) has released an update.
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Travis Perkins reported a 5.7% decline in group revenue for Q3 2024, primarily due to challenges in the Merchanting segment. Despite this, Toolstation showed resilience with a 2.9% revenue increase in the UK and Benelux. The company is focusing on cost discipline and efficient operations as it anticipates a slow recovery in the UK construction market.
For further insights into GB:TPK stock, check out TipRanks’ Stock Analysis page.
