Travis Perkins profit up by a quarter

Builders' merchant Travis Perkins said pre-tax profit rose 25 per cent in the last six months despite construction being hampered by the wettest 3 months since records began.

Builders' merchant Travis Perkins said pre-tax profit rose 25 per cent in the last six months despite construction being hampered by the wettest 3 months since records began.

Reported pre-tax profit after exceptional items rose to £162m for the six months ended June 30 compared to £129.2m the same time a year earlier. Group revenue climbed 2.7% to £2.41bn and was down 0.7% on a like-for-like basis.

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