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Travis Perkins reports falling revenues and profits in 2024 amid UK construction market woes.
Travis Perkins, a major UK construction materials supplier, reported a 4.7% drop in revenues to £4.61 billion in 2024, with profits falling by 23.2% due to weaker pricing and reduced demand in the UK construction market.
Despite these declines, its Toolstation business saw revenues rise by 2.5% following the opening of 17 new stores.
The company is also searching for a new CEO after Pete Redfern stepped down due to health reasons.
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Travis Perkins informa de la caída de ingresos y beneficios en 2024 en medio de problemas del mercado de la construcción del Reino Unido.