Travis Perkins keeps target as revenue rises

first_img Tags: NULL Tuesday 14 December 2010 3:48 am by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald Travis Perkins keeps target as revenue rises Builders merchant Travis Perkins said turnover for the 11 months to the end of November rose 6.5 per cent and kept its outlook unchanged, as it prepares to complete its takeover of BSS Group.The company also saw an improvement in sales trends in the last two months to 30 November, although it expected the poor weather in December “to have some impact on our sales trends and financial performance for the last month of the year.”It added, however, that it was keeping its outlook for the full year unchanged.Total turnover in its merchanting division rose 8.3 per cent while like-for-like turnover per trading day was up 7.8 per cent. Turnover per trading day for the last two months to 30 November jumped 10.5 per cent.Gross margins for the second half of the year to date are in line with the trend of the first six months, slightly below last year, said the company.In Wickes, total turnover for the 47 week trading period to November 27 was up 2.7 per cent with like-for-like turnover per trading day up 0.6 per cent.In the last eight weeks, however, like-for-like turnover per trading day in Wickes rose 4.2 per cent as shoppers showed evidence of buying ahead of the government’s VAT increase, the company said.Travis Perkins also expects to complete its acquisition of BSS Group. When completed, the deal will create the country’s biggest plumbing and heating trade and retail distribution. Travis Perkins announced the deal for £558m in July.The company also said its underlying net debt, before the acquisition of BSS Group, fell in the fourth quarter from the £410m reported on 30 June. whatsapp Show Comments ▼center_img Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap Share John Dunne whatsapplast_img

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