REG - Travis Perkins PLC - Q3 trading update

Travis PerkinsAnnouncement

16/10/2025 07:00

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RNS Number : 5666D  Travis Perkins PLC  16 October 2025

16 October 2025

 

Travis Perkins plc

 

Q3 trading update for the three months to 30 September 2025

 

The Group delivered revenue growth in the third quarter with like-for-like
sales up 1.8% as actions taken to sharpen the competitive proposition in the
Merchanting segment have improved sales performance, notably in the General
Merchant business. Trading in the Specialist Merchants' markets remains
subdued.

 

Toolstation trading was solid with the focus remaining on strategy execution
and the actions being taken to drive further operating margin improvement.

 

The Group continues to make good progress on enhancing cash generation which
is further strengthening the Group's balance sheet.

 

Geoff Drabble, Chair of Travis Perkins plc commented:

 

"As we outlined at our half year results, in the third quarter we have
consciously focused on building top-line momentum and regaining market share
in the Merchanting businesses. I am pleased with how our teams have responded
to this challenge with Merchanting returning to revenue growth and our
operating performance stabilising.

 

In what remains a highly competitive market, we have invested in pricing and
targeted promotions and will continue to do so in the near-term. We continue
to demonstrate good discipline on capital allocation and overheads which will
allow us to reinvest in our proposition and position the Group well as we look
forward to Gavin Slark's arrival as CEO in January."

 

 Q3 2025                                   Merchanting  Toolstation  Group
 Price and mix                             (0.8)%       1.8%         (0.4)%
 Like-for-like volume                      2.5%         0.5%         2.2%
 Like-for-like revenue growth              1.7%         2.3%         1.8%
 Network changes                           (1.8)%       0.7%         (1.4)%
 Trading days impact                       (0.2)%       -            (0.1)%
 Total revenue growth                      (0.3)%       3.0%         0.3%

 YTD 2025                                  Merchanting  Toolstation  Group
 Price and mix                             (0.5)%       1.5%         (0.1)%
 Like-for-like volume                      (0.2)%       1.2%         (0.1)%
 Like-for-like revenue growth / (decline)  (0.7)%       2.7%         (0.2)%
 Network changes                           (0.7)%       0.4%         (0.5)%
 Trading days impact                       (0.7)%       (0.3)%       (0.6)%
 Total revenue growth / (decline)          (2.1)%       2.8%         (1.3)%

 

Enquiries:

 Travis Perkins                      FGS Global
 Matt Worster                        Faeth Birch / Jenny Davey / James Gray
 +44 (0) 7990 088548                 +44 (0) 207 251 3801
 matt.worster@travisperkins.co.uk    TravisPerkins@fgsglobal.com

 

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