Sales at Travis Perkins continue to slide

By Tom Lowe2020-10-22T10:00:00

Group axed 2,500 jobs and closed 165 branches in June

Sales at Travis Perkins fell by 3.4% in the third quarter of the year as the firm struggles to recover from a bruising first half of the year during which it axed 2,500 jobs and nosedived to a £127m pre-tax loss.

In a trading update, the builder’s merchant said that the sluggish performance of large construction projects had taken its toll on its specialist and trade businesses.

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