Travis Perkins PLC (LSE:TPK)
£ 7.165 -0.005 (-0.07%) Market Cap: 1.51 Bil Enterprise Value: 2.38 Bil PE Ratio: 0 PB Ratio: 0.74 GF Score: 69/100
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Q1 2019 Travis Perkins PLC Trading Statement Call Transcript

May 08, 2019 / 07:00AM GMT
Release Date Price: £13.73 (+3.35%)
Operator

Ladies and gentlemen, welcome to the Travis Perkins 2019 Q1 Trading Update. My name is Brita and I'll be coordinating the call today. (Operator Instructions) I will now hand over to your host Zak Newmark. Please go ahead.

John P. Carter
Travis Perkins plc - CEO & Executive Director

It's actually John Carter here with Alan Williams.

Good morning, everyone. Look, we're really pleased with the positive start to the year and our Q1 trading. In many different ways, all our businesses across the group have performed well. A good start is set against a weak last year comparator and set against the continued uncertainty with the withdrawal process from the European Union. I'd encourage you to read both our in-year like-for-like and our 2-year like-for-likes in conjunction with that positive Q1 performance.

If we look at the businesses, before we go to question and answers, clearly Toolstation is trading very well. And good progress and recovery from Wickes both in their core DIY categories and showroom Kitchen & Bathroom categories. But do

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