Travis Perkins PLC
TPK
ISIN GB00BK9RKT01 / Valor 110830522
Travis Perkins PLC
UMushroom community rating:
About company
Travis Perkins PLC operates as the UK's leading supplier of building materials, catering primarily to the building and construction industry. The company boasts an extensive network comprising over 500 branches nationwide, which enables it to offer a vast array of products and services. Its product lineup is diverse, including high-quality timber, building materials, kitchens, plumbing and heating supplies, as well as landscaping, painting, and decorating essentials. Additionally, Travis Perkins provides a hire service, further supporting trade professionals and self-builders with the tools and equipment necessary for their projects. This comprehensive offering underscores the company's commitment to serving the needs of its clientele in the construction sector.
Summarized from source with an LLMView SourceSector: IndustrialsLatest Results (14.08.2024):
Revenue Decline
Travis Perkins PLC reported a 2.7% decline in Group revenue for the full year ending 31 December 2023, compared to the previous year. This downturn was primarily attributed to weaker market conditions, particularly in the new build housing and private domestic RMI markets.
Operating Profit Drop
The company's adjusted operating profit for the year was £180 million, a significant decrease from £295 million in 2022. This decline was driven by lower volumes, overhead cost inflation, and rapid commodity price deflation in the second half of the year.
Dividend Reduction
In line with the Board’s policy, Travis Perkins PLC proposed a full year dividend of 18.0 pence per share for 2023, down from 39.0 pence per share in 2022. This reduction reflects the company's focus on enhancing cash generation and maintaining a robust balance sheet.
Profit After Tax
Travis Perkins PLC's profit after tax for the year was £38 million, a sharp decline of 80.2% from £192 million in 2022. This significant drop was influenced by various adjusting items, including impairments and restructuring actions.
Adjusted Earnings Per Share
The adjusted earnings per share for Travis Perkins PLC fell by 51.7%, from 94.6 pence in 2022 to 45.7 pence in 2023. This decrease reflects the overall challenging market conditions and the company's efforts to protect and build its market positions.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
1892 M
Market cap (USD)
164,447
Daily traded volume (Shares)
7.165 / 7.09
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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