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Kalkine Media ASX Share Market News & Research

Travis Perkins Plc successfully adapts to unprecedented markets

September 08, 2020 09:16 PM BST | By Team Kalkine Media
Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp

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Travis Perkins Plc (LON:TPK) has released the results for the six months ended 30 June 2020.

  • The company demonstrated resilience despite the impact of the pandemic and successfully adapted to unprecedented markets.
  • Revenue for the period declined by 20.2 per cent £2,781 million as compared to £3,484 million in HY 2019.
  • Adjusted operating profit of £42 million as compared to £220 million reflected shortfall from lower volumes.
  • On 8 September 2020, at the time of writing, GMT 10:41 AM, TPK shares were trading at GBX 1,138.00, down by 82.50 points or 6.93% against the previous day closing price.

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