Travis Perkins (TPK)

Sector:

Support

Index:

FTSE 250

852.00p
   
  • Change Today:
      21.00p
  • 52 Week High: 935.20
  • 52 Week Low: 692.20
  • Currency: UK Pounds
  • Shares Issued: 212.51m
  • Volume: 688,213
  • Market Cap: £1,810.58m
  • RiskGrade: 152

Travis Perkins sells Primaflow F&P for ?46m

By Michele Maatouk

Date: Monday 13 Jan 2020

LONDON (ShareCast) - (Sharecast News) - Builders' merchant Travis Perkins has announced the sale of its wholesale plumbing & heating business, Primaflow F&P, for £46m in cash.
Primaflow is a national wholesale distributor of branded plumbing and heating systems and has been part of the Travis Perkins Group since 2010. For the year ended 31 December 2018, attributable profits after adjusting items were £5m.

It has been sold to specialist distribution group Newbury Investments.

Travis Perkins said the sale will enable its remaining plumbing and heating businesses to focus on delivering "market-leading service" to its direct trade customers.

Chief executive Nick Roberts said: "The divestment of our wholesale plumbing & heating business is a further step in reducing the group's overall complexity and enabling greater focus and more disciplined capital allocation to our advantaged trade-focused businesses."

At 1000 GMT, the shares were up 1.4% at 1,590.50p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Travis Perkins Market Data

Currency UK Pounds
Share Price 852.00p
Change Today 21.00p
% Change 2.53 %
52 Week High 935.20
52 Week Low 692.20
Volume 688,213
Shares Issued 212.51m
Market Cap £1,810.58m
RiskGrade 152

Travis Perkins Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
22.06% below the market average22.06% below the market average22.06% below the market average22.06% below the market average22.06% below the market average
25.27% below the sector average25.27% below the sector average25.27% below the sector average25.27% below the sector average25.27% below the sector average
Price Trend
17.29% below the market average17.29% below the market average17.29% below the market average17.29% below the market average17.29% below the market average
30.61% below the sector average30.61% below the sector average30.61% below the sector average30.61% below the sector average30.61% below the sector average
Income
66.25% below the market average66.25% below the market average66.25% below the market average66.25% below the market average66.25% below the market average
37.5% below the sector average37.5% below the sector average37.5% below the sector average37.5% below the sector average37.5% below the sector average
Growth
35.33% below the market average35.33% below the market average35.33% below the market average35.33% below the market average35.33% below the market average
37.37% below the sector average37.37% below the sector average37.37% below the sector average37.37% below the sector average37.37% below the sector average

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 12
Sell 2
Strong Sell 0
Total 18
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Travis Perkins Dividends

  Latest Previous
  Final Interim
Ex-Div 28-Mar-24 05-Oct-23
Paid 09-May-24 10-Nov-23
Amount 5.50p 12.50p

Trades for 16-May-2024

Time Volume / Share Price
16:49 2,572 @ 852.00p
16:35 3,920 @ 852.00p
16:35 715 @ 852.00p
16:35 503 @ 852.00p
16:35 316,697 @ 852.00p

Travis Perkins Key Personnel

CEO Nick Roberts
CFO Duncan Cooper

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