Travis Perkins posts strong Q3 sales

Travis Perkins has posted strong Q3 results despite issues in the global supply chain.

The building materials business posted a 13% rise in like-for-like sales as people continue with DIY projects in the house since lockdown.

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Full-year profits are now expected to hit £340m.

“The group has delivered a strong performance in the third quarter and is navigating well-documented supply chain and cost inflation challenges very capably,” commented Nick Roberts, the chief executive.

End market demand remains robust and we are confident that we are in a strong position to deliver future growth.”

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