Overview
- New chief executive Gavin Slark said multiple manufacturers have told Travis Perkins they are considering energy surcharges or price increases to cover higher energy bills.
- Slark flagged road fuel as the company’s biggest near-term risk given its delivery-heavy model, with some smaller imported lines also exposed to higher shipping costs.
- The Builders Merchants Federation reported a 7.2% year-on-year drop in UK building-materials volumes in January, noting costs remain about 40% above pre-pandemic levels.
- Travis Perkins posted a £134.7 million pre-tax loss for 2025 and an adjusted operating profit of £133 million, down 12.5% year on year, while shares rose more than 5% on Tuesday.
- Slark said a swift resolution to the conflict would offer the best chance of stabilising pricing across the industry.