Travis Perkins plc

Trading conditions remain challenging

  • Sectors : Builders Merchants
  • Companies : Travis Perkins plc

Ratings and price correct at time of issue.

  • Travis Perkins plc

    Closing Price: 546p

  • RATING 28/05/20

  • PREVIOUS RATING 01/07/16

    UNDERPERFORM

DAVY VIEW

Recent events have only underlined that any near-term progress by Travis Perkins will be achieved thanks to internal initiatives. Organic revenues fell in Q1 due to volume weakness in the core merchanting operation. For those willing to back the group on a medium-term basis, support can be found in an EV/sales multiple at historic lows.

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Apr 28 2026, 08:10 IST/BST

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