Strong growth at Travis Perkins bodes well for Wickes spin-off
Shares in builders’ merchant Travis Perkins (TPK) climbed 3.3% to a new 12-month high of £16.97 after the firm posted a first quarter trading update showing strong growth in sales not just on the same period last year but also on the previous year, which provides a clearer comparison.
ROBUST DEMAND
Like-for-like revenues for the group, excluding the Wickes retail arm, increased by ...