Travis Perkins Reports Challenging First Quarter with Revenue Decline

Travis Perkins plc, the UK's leading distributor of building materials, announced its first quarter trading update for the period ending March 31, 2025. The company faced a challenging trading environment, with Group revenue decreasing by 2.1% on a like-for-like basis.

The Merchanting segment saw a revenue drop of 3.2% like-for-like, influenced by stable pricing but a modest decline in volumes. Despite these challenges, Travis Perkins is focused on improving customer service through strengthening branch and sales teams.

Conversely, Toolstation delivered a positive performance with a 3.7% like-for-like revenue growth, continuing to benefit from operational improvements and margin enhancements.