The buildersβ merchant and retail business has increased its revenue to Β£3.1bn
Buildersβ merchant and retail business Travis Perkins has reported revenue increases of 8% to Β£3.1bn.
Excluding the extra income gained when the company bought plumbing and heating group BSS for Β£624m last year, like-for-like turnover is up 5%.
Profit before tax was also up 20% to Β£217m, and net debt reduced by Β£205m, before the BSS acquisition.
Chief executive Geoff Cooper said: βOver the last four years we have seen three clear turning points in the course of the recession in construction markets - a sharp downturn, a return to stability in activity at low levels, and a gradual but choppy recovery, which still has a long way to go.
βAt each turn we decisively adapted our stance to trading, investment and cash,β he said.
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