Travis Perkins PLC (LSE:TPK)
£ 9.54 -0.115 (-1.2%) Market Cap: 2.00 Bil Enterprise Value: 2.87 Bil PE Ratio: 0 PB Ratio: 0.97 GF Score: 76/100

Q3 2022 Travis Perkins PLC Trading Statement Call Transcript

Oct 20, 2022 / 07:30AM GMT
Release Date Price: £8.08 (+1.89%)
Operator

Welcome to the Travis Perkins Q3 Trading Update Call for analysts and investors. With me, I have Travis Perkins' CEO, Nick Roberts; and CFO, Alan Williams, who will take your questions. I will now hand over to Nick for his opening remarks before we move on to questions from the phone line.

Nicholas John Roberts
Travis Perkins plc - CEO & Executive Director

Good morning, everyone, and thank you for joining today's call. I'm joined today by Alan Williams, our CFO. And after a short introduction, we'll move to take your questions.

Clearly, a lot has happened since we last spoke to you in August. And with the challenges we've seen, I'm pleased to be reporting a resilient set of numbers during the third quarter. For the group as a whole, total sales on a trading day adjusted basis were up 10.7% and like-for-like sales grew by 7.4%. In our Merchanting segment, sales were up by 11.5%. And I think, encouragingly, this performance was very consistent throughout the quarter.

Toolstation returned to growth in the third quarter with sales up 6.1%

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