Travis Perkins

Travis Perkins

UK building materials wholesaler and retailer

Overview

Travis Perkins is a large UK supplier of building materials and home improvement products. It grew from two family businesses (Perkins & Co and Travis timber importers) that merged in 1988 and expanded through acquiring many other businesses, including Wickes in 2005, to serve both tradespeople and DIY customers. Its operations center on distributing a wide range of products—timber, bricks, plaster, plumbing and heating, decorating, tools, and related building supplies—through a network of branches and direct-to-consumer channels, plus online ordering. The company differentiates itself by its scale, diversified portfolio of brands and outlets, and a strong emphasis on growth through acquisitions that widen its geographic reach and product offerings. Its goal is to remain a leading UK building materials and home improvement group by expanding its reach, product range, and service capabilities across both trade and consumer markets.

About Travis Perkins

Simplify's Rating
Why Travis Perkins is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Industrial & Manufacturing

Consumer Goods

Company Size

10,001+

Company Stage

IPO

Headquarters

Northampton, United Kingdom

Founded

1960

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Simplify's Take

What believers are saying

  • H1 2026 adjusted operating profit rose 6.3% to £67m on 4 August.
  • Travis Perkins achieved £55m net cash before leases and improved gross margins 100 basis points.
  • Toolstation UK grew like-for-like revenue 2.6% in Q1 2026, supporting expansion to 650 stores.

What critics are saying

  • Revenue fell 1.8% in H1 2026 as UK construction stayed subdued.
  • Toolstation Benelux posted -7.1% like-for-like revenue in Q1 2026, inviting a sale or shutdown.
  • Persistently weak merchanting volumes would erase margin gains and threaten the turnaround thesis.

What makes Travis Perkins unique

  • Travis Perkins dominates UK trade distribution with 1,400 branches and 17,000 colleagues.
  • Toolstation UK gives Travis Perkins direct retail reach beyond merchanting competitors.
  • Its 2026 branch rationalization and fleet refresh create a denser, higher-productivity network.

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Stock Price

Growth & Insights and Company News

Headcount

6 month growth

↓ -11%

1 year growth

↓ -11%

2 year growth

↓ -10%
The Construction Index
Sep 16th, 2026
New MD for Breedon cement business.

New MD for Breedon cement business. 1 hour Breedon has appointed Catherine Gibson as managing director, cement, products and surfacing solutions, Great Britain. Gibson joins from Travis Perkins. At Travis Perkins, Gibson held a group executive committee position with responsibility for several businesses, including Keyline, its heavyside and civils brand. She brings more than 25 years' experience across the UK construction sector, with expertise spanning building materials manufacturing, distribution and large-scale, multi-site operations. In her new role, will work as part of Breedon GB CEO Mike Pearce's leadership team. Pearce said, "I am delighted to welcome Catherine to Breedon at an important time for its business. While the market remains challenging, Struccie see significant opportunities ahead and are well positioned to benefit as conditions improve. "Catherine brings extensive experience across the UK construction and building materials sectors, as well as a strong track record of leading large, complex businesses. Her appointment strengthens our leadership team and will be important as we continue to build on our strategy, improve our commercial performance and unlock further value across Breedon GB." Gibson said, "I am delighted to be joining Breedon and returning to the heavy building materials sector where I started my career. I'm particularly pleased to be joining a business that has built significant momentum and has a strong reputation for supporting its customers and colleagues. "I am looking forward to meeting colleagues across the business, understanding what makes Breedon successful today and working with the team to build on that progress. There is a real opportunity to continue strengthening the business, delivering for our customers and creating sustainable growth."

Bromley Tilers
Aug 14th, 2026
Tiling trade news: TTA silica warning, 2% retentions.

Tiling trade news: TTA silica warning, 2% retentions. A quiet trading week, but three pieces of hard information landed for anyone who cuts tile or stone for a living: a safety warning on engineered stone, the first real numbers on how much money the industry holds back in retentions, and merchant results showing supplier price rises are still being passed down the chain. Here is what changed in the week to 14 August 2026, and what it means if you are pricing work or buying materials. The Tile Association warns on dry-cutting engineered stone. On 12 August the TTA issued fresh guidance on working with engineered stone, and the figure at the centre of it is worth memorising: quartz-based engineered stone averages around 95% respirable crystalline silica, against under 3% for marble. Cut or drill it dry and you are putting silica straight into your lungs. Silicosis cannot be reversed, though the HSE is clear that it is entirely preventable. The association lists six control failures it keeps seeing on site, all of them breaches of COSHH: dry cutting, no on-tool water suppression, poor mist control, missing or unsuitable RPE, no health surveillance, and unguarded machinery. If you are subbing into kitchen and bathroom fit-outs where a quartz worktop or a stone shower tray gets trimmed on site, this is your exposure as much as the stonemason's. The HSE is running courses on controlling RCS exposure at Buxton on 17 November 2026 and 23 February 2027. Read the TTA guidance. Build UK publishes retentions figures for the first time. Also on 12 August, Build UK released its first benchmark of payment retentions, built on the government reporting rules introduced in 2025. Tier one contractors withhold an average of 2% retention, and pass 74% of the retentions they receive from clients down to their own supply chains, absorbing the other 26%. The payment picture around it has genuinely improved: average payment time is down from 45 days in 2018 to 29 days, and 96% of invoices are now settled within 60 days, up from 82%. For a small tiling firm the 2% headline is less important than where it sits in the chain, because that money is usually held twice over before it reaches you. Build UK deputy chief executive Jo Fautley pointed to the retentions ban in the Commercial Payments Bill as the fix. Worth knowing which of your contracts still carry a retention clause before that Bill moves. See the Build UK benchmark. Trade firms grew revenue 14% year on year, research finds. Tradify published an analysis of 3,271 UK trade businesses on 13 August. Average revenue across six trades rose 14% year on year over the period June 2024 to May 2026. Carpentry and renovations grew fastest at 25%, electrical and AV at 19%. HVAC and refrigeration leads on absolute revenue at an average of £428,538, and large teams of 13 or more in electrical and AV clear £2.09m. Sole traders across all six trades average over £100,000 a year. Tiling is not broken out separately, so treat the carpentry and renovations line as the nearest proxy for refurbishment work. The useful signal for a tiler is that renovation spend is where the growth sits, which argues for chasing bathroom and kitchen refits rather than new-build packages. Read the research summary. Travis Perkins passes on supplier price rises in H1. Travis Perkins reported first-half results on 4 August: revenue of £2.258bn, down 1.8%, but adjusted operating profit up 6.3% to £67m and profit after tax up 15.4% to £30m, with the group in a £55m net cash position against £103m of net debt a year earlier. The company attributed its wider gross margins to "more effective pass-through of supplier price inflation". Translate that plainly: the merchant is holding less of the manufacturers' price rises on its own books and more of it is reaching your invoice. If you are quoting a job more than a few weeks out, price adhesive, grout and trims from a current quote rather than last month's, and say in writing how long your materials price holds. See the results coverage.

HR TODAY
Jun 2nd, 2026
Sally Dunn appointed Chief Human Resources Officer at Travis Perkins plc.

Sally Dunn appointed Chief Human Resources Officer at Travis Perkins plc. Northampton, England, United Kingdom, June 2026 - Travis Perkins plc has appointed Sally Dunn as its new Chief Human Resources Officer (CHRO). The appointment comes as the company continues to strengthen its people strategy and support its long-term growth ambitions across the UK's building materials and trade distribution sector. Sally Dunn brings extensive experience in human resources leadership, organizational development, talent strategy, reward management, and workforce transformation. Having spent nearly two decades with Travis Perkins plc, she has played a significant role in shaping the company's people agenda and supporting large-scale business transformation initiatives across the organization. Prior to her appointment as CHRO, Dunn served as HR Director, HR Shared Services and Interim Director of Reward, where she worked closely with senior leadership on organizational design, people capability development, operational effectiveness, and employee experience initiatives. Throughout her tenure, she has held several leadership positions within the business, contributing to HR modernization, talent development, succession planning, and workforce strategy. Her appointment reflects Travis Perkins plc's commitment to building a high-performing and people-focused culture while continuing to support more than 17,000 colleagues across its nationwide network of branches, stores, and specialist businesses. About Travis Perkins plc. Travis Perkins plc is the UK's largest distributor of building materials to trade customers. With more than 17,000 colleagues and 1,400 branches and stores across the country, the company provides building materials, tools, and specialist solutions through leading businesses including Travis Perkins, Toolstation, BSS, Keyline, CCF, and TF Solutions. The group has been helping customers build Britain for more than 200 years.

The York Press
May 15th, 2026
Building supplies firm Travis Perkins closes Ripon branch.

Building supplies firm Travis Perkins closes Ripon branch. Travis Perkins has closed its Ripon branch (Image: Travis Perkins) Popular building supplies firm Travis Perkins has announced the closure of its branch in Ripon. The move comes amid a slowdown in the construction industry. The company, which has 500 branches nationally, also closed a branch today in Oban, Scotland. A spokesperson for Travis Perkins said: "We can confirm we will be exiting our Ripon branch based on Charter Road with effect from Friday. "This difficult decision has been made following a recent review of branch performance and operational priorities. "We are working hard to support colleagues affected and are seeking, where possible, to redeploy and retain them within the business. "We'd like to thank all our customers for their support at the branch. We have a number of other branches across Yorkshire which will continue to provide the outstanding service Travis Perkins is renowned for." Travis Perkins opened in 12,000-square feet premises on Charter Road, at Ripon Business Park, in 2005. In a trading update last month, the company said it "continued to experience challenging trading conditions" and declining revenue. The first quarter update for the period to 31 March 2026 said group revenues are down 1.7 per cent on a like-for-like basis. In the Merchanting segment revenue was down 2.3 per cent as construction activity levels "remain subdued". More Stories

Yahoo Finance
Mar 17th, 2026
Travis Perkins achieves net cash position for first time in 30 years despite 12.5% profit drop

Travis Perkins has achieved a net cash position for the first time in nearly 30 years, though the company faces operational challenges. Group revenue declined 0.9% whilst adjusted operating profit fell 12.5% year-on-year, with the company absorbing £40 million in overhead inflation. The builder's merchant completed its Oracle system transition and restructured its leadership team to focus on sales and profitability. Toolstation UK continues to deliver strong earnings growth, though the Benelux division remains loss-making. CEO Gavin Clark acknowledged last year's aggressive pricing helped gain market share but signalled a shift towards balancing competitive pricing with margin improvement. The company faces no significant refinancing needs until 2028. Clark declined to comment on 2026 consensus forecasts, noting the construction market remains competitive and volume-constrained.

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