Travis Perkins begins recovery but firm warns covid will send turnover down 20% in first half

By Dave Rogers2020-07-28T07:10:00

Hardest hit parts of the business have been merchanting and plumbing and heating arms

Travis Perkins has said that sales will be down 20% when it reports its interim results in six weeks’ time.

The builders merchant, which last month announced it was cutting 2,500 jobs and shutting 165 branches, said turnover in the six months to 30 June was £2.78bn – down from £3.48bn for the same period last year.

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