Travis Perkins plc

Measures announced in relation to COVID-19

  • Sectors : Builders Merchants
  • Companies : Travis Perkins plc

Ratings and price correct at time of issue.

  • Travis Perkins plc

    Closing Price: 695p

  • RATING 01/07/16

  • PREVIOUS RATING 20/10/14



Travis Perkins (TPK) has announced a number of sensible actions in response to the unique threats provided by COVID-19. These include pulling the final dividend and pausing the Wickes demerger. The former will save circa £80m. This, along with £585m available in cash on deposit and undrawn credit facilities, will help steer the group through what is a highly uncertain time for all.

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Mar 20 2020, 07:55 GMT