Download full report with analyst certification and important disclosures
May 1 2025, 08:12 IST/BST
Travis Perkins plc
Steps away from Staircraft
- Sectors : Builders Merchants
- Companies : Travis Perkins plc
DAVY VIEW
The sale of Staircraft by Travis Perkins is a logical move as it was clearly a non-core operation. The cash (£24m) from the disposal will be useful, but equally important is that it will allow the group to focus on its core operations. The disposal of Staircraft is likely to result in a circa 2% (£3m) reduction in full year underlying adjusted operating profit.
