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This article first appeared on GuruFocus. Revenue: 2.258 billion, down 1.8% in absolute terms; like-for-like turnover down 0.7%. Gross Margin: Improved by 100 basis points. Adjusted Operating Profit: Up 6.3% to 67 million (including property profits); in line with prior year at 62 million …
Travis Perkins said it has made "encouraging early progress" in its turnaround after delivering higher profits for the past six months. Shares in the company jumped to their highest level for five months in early trading on Tuesday as a result. It comes despite …
Travis Perkins (LON:TPK) reported a modest decline in first-half revenue as challenging construction markets continued to weigh on volumes, while higher gross margins, cost discipline and property receipts supported profit and cash generation. Revenue totaled £2.258 billion, down 1.8% from the prior year, including …
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