Q1 2023 Travis Perkins PLC Trading Statement Call Transcript
Good day, and welcome to the Travis Perkins Q1 Trading Update Call. Please note this call is being recorded. (Operator Instructions)
I will now hand you over to Nick Roberts, Group CEO. Please go ahead.
Morning, everyone, and welcome to the Travis Perkins Q1 trading update. I'm joined today by our Group CFO, Alan Williams. Given the limited period under discussion and to make sure we can get to as many of you as we can in the time, it'd be really helpful if you could keep your questions succinct and seek to avoid repetition of the previous questions. I'll start in a normal way with a short overview, and then we'll move to the phone lines to take your calls.
At a headline level, market conditions remain challenging, but our businesses delivered a resilient performance in the first quarter, and our full year expectations remain unchanged. As anticipated, the market was particularly challenging in new house building and private RMI. However, public sector projects,
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