Travis Perkins

Ticker TPK

Today's data summary

Market closed
% change
+0.70%
Price Pence
1370.00
Change
+9.50
As of 18:59 20 Jul 2018
Market cap. Pound sterling
3,454.37 million
As of 18:59 20 Jul 2018

Latest updates

Travis Perkins sales up after Brexit-related price rise

BBC Business Live

Northampton-based builders' merchant Travis Perkins, has said it put up prices to offset soaring costs from the Brexit-hit pound in the third quarter, which helped it boost sales.

The group, which also owns the Wickes DIY chain, reported a 4.1% rise in like-for-like sales in the period, with total sales increasing by 3.5%.

The firm said its revenue growth was down to "inflation driven price increases" after the pound's slump following the Brexit vote last year saw costs soar.

Builders merchant Travis Perkins
PA

Read more economics news from the BBC Business Live page.