Travis Perkins: Travis Perkins reports 77m loss, plans strategic overhaul

Travis Perkins has posted a £77m pre-tax loss for the year ending December 2024, reflecting tough market conditions and declining demand. Revenue fell by 4.7% due to weaker performance in its Merchanting division, as the construction sector struggled with high inflation, interest rate hikes, and reduced consumer confidence. In response to these challenges, CEO Pete [...]