Travis Perkins ups full-year profit forecast to north of £300m

By Dave Rogers2021-06-22T14:02:00

Source: Shutterstock

Firm benefits from post-lockdown surge

Travis Perkins has said that profit will be significantly north of expectations for this year as it reaps the benefit of a post-lockdown building boom.

In a trading update this afternoon, the builders merchant said a “robust start” to 2021 meant it had revised upwards its operating profit forecast to at least £300m from a previous estimate of £259m, a rise of 15%.

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