Reduced demand, price pressure and significant impairment charges have led to Travis Perkins reporting one of its weakest financial performances in recent years. The UK builders’ merchanting group posted a pre-tax loss of £134.7m (€157m) for the year to 31 December 2025, compared with a loss of £38.4m (€45m) in 2024. Revenue declined slightly to £4.56bn (€5.33bn), from £4.60bn (€5.38bn) a year earlier. The result was heavily impacted by impairment and restructuring charges. These included £99m (€116m) related to Toolstation Europe and £111m (€130m) linked to merchanting operations. The group also ...
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