Travis Perkins first quarter sales down in wake of housing market’s struggles

By Daniel Gayne2023-04-25T10:20:00

Firm says full-year performance will be in line with market expectations

Sales at Travis Perkins dropped 2.8% in the first quarter according to a trading update released today by the builders’ merchant.

The firm said volumes in its merchanting business in the first three months of the year had been impacted by weakness in the new build housing and repair, maintenance and improvement markets.

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