UK's Travis Perkins 2025 revenue slightly misses, adjusted profit beats estimates

Travis Perkins

17/03/2026 07:12

Overview

UK building materials distributor's 2025 revenue slipped 0.9%, slightly missing analyst expectations

Adjusted operating profit beat consensus despite a 12.5% drop year-on-year

Company posted a net loss due to impairments and restructuring charges

Outlook

Company targets base capital expenditure of around £80 mln for 2026

Company expects property profits of around £5 mln in 2026

Result Drivers

SUBDUED CONSTRUCTION ACTIVITY - Co said weak UK construction activity led to lower trading volumes and price deflation in Merchanting

PROMOTIONS AND SALES INCENTIVES - Targeted promotions and sales-driven incentives in H2 helped stabilize Merchanting performance and rebuild market share

TOOLSTATION UK GROWTH - Toolstation UK delivered revenue growth and higher adjusted operating profit due to store maturity, pricing, and supply chain efficiencies

Company press release: ID:nRSQ8574Wa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Slight Miss*
GBP 4.57 bln
GBP 4.59 bln (17 Analysts)
FY Net Income
-GBP 176 mln
FY Adjusted Operating Profit
Beat
GBP 133.4 mln
GBP 130.25 mln (15 Analysts)
FY Dividend
GBP 0.12
FY Operating Profit
-GBP 97 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 6 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the home improvement products & services retailers peer group is "buy"

Wall Street's median 12-month price target for Travis Perkins PLC is GBp720.00, about 23.4% above its March 16 closing price of GBp583.50

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 16 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)