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15 April 2021 | 07:56am StockMarketWire.com - Travis Perkins has reported an 'encouraging start to the year', as like-for-like sales grew 17.4%. It has also seen good like-for-like growth in Merchanting and P&H, up 15.5% and 11.4% respectively, underpinned by sales retention from the 2020 restructuring programme, and continued acceleration of Toolstation growth with like-for-like sales up 42.0%, There has been ongoing strong performance in Wickes with like-for-like sales up 19.7% and the Wickes demerger is due to complete with trading in Wickes shares commencing on 28 April. Travis Perkins ...

15 April 2021 | 08:34am StockMarketWire.com - The FTSE 100 opened stronger, extending its upward trajectory, led by a climb in miners following a jump in commodity prices. At 0814, the benchmark FTSE 100 index was up 21 points, or 0.31%, at 6,961.57. Rio Tinto, BHP and Anglo American were higher. AO World rose 1.2% to 321p after the white goods online retailer said it expected to report annual adjusted profit in line with market expectations following a strong final quarter to the fiscal year. For the year ended 31 March 2021, adjusted EBITDA, or profit before tax, depreciation, amortisa...

2 March 2021 | 08:48am StockMarketWire.com - Builders' merchant Travis Perkins swung to a full-year loss, as the pandemic hurt demand, and said it was recommencing a planned demerger of its Wickes DIY chain. Pre-tax losses for the year through December amounted to £22 million, compared to a year-on-year profit of £123 million, as revenue dropped 12% to £6.16 billion. Travis Perkins declared no dividends for the year. The company had put the Wickes demerger process on hold last March, when the pandemic was reaching crisis proportions. The process had now been revived and was expected to be ...

6 January 2021 | 09:00am StockMarketWire.com - The FTSE 100 made moderate gains this morning, continuing its strong start to 2021 as the UK undertakes its massive Covid-19 vaccine rollout. Markets also reacted to news that the Democrats were close to full control of the levers of government in the US after Senate run-off elections in the US. High-street bakery chain Greggs estimated annual losses of up to £15 million and forecast that profit would not return to pre-COVID levels until 2022 at the earliest owing to the ongoing impact of the Covid-19 pandemic. Over the fourth quarter, sales...