Q3 2021 Travis Perkins PLC Trading Statement Call Transcript
Good day, and welcome to the Travis Perkins Quarter 3 Results Conference Call. At this time, I would like to turn the conference over to CFO, Alan Williams. Please go ahead, sir.
Thank you, Molly, and good morning, everyone. I'm joined by Matt and Heinrich. Thank you for joining the Q3 update call. I'll follow the usual format, speak for 5 minutes to give you a brief introduction to the statement, and then we'll move to Q&A.
So Q3 has proved to be another really strong quarter despite the well-documented challenges of inflation and supply chain disruption. Like-for-like sales for Q3 were up 13.1%, and at a very similar level, namely 13.3% on a 2-year like-for-like basis. So if you compare that figure to the first half, the first half on a 2-year like-for-like was 14.5%, so pretty much in line with what we saw over the first half.
As we've guided previously, at the half year results, price recovery has become a larger component of the sales growth mix in the quarter, and
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