UK's Travis Perkins rises on first-half profit growth despite weak market

Travis Perkins

04/08/2026 08:19

** Shares of building materials supplier Travis Perkins TPK.L up 13.4% at 650p, top gainers on London's mid-cap index .FTMC 
** Company's first-half adjusted operating profit up 6.3% to £67 million ($89.98 million), despite a 1.8% fall in revenue
** Introduces price increases to offset margin pressures amid softer demand and increasing cost pressures
** Expects second-half market conditions to remain subdued and trading performance to be similar to the H1
** Up to last close, stock down 9.8% so far this year


($1 = 0.7446 pounds)

 (Reporting by Anushka Chourasia in Bengaluru)
 ((Anushka.Chourasia@thomsonreuters.com))