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Travis Perkins plc (TPRKY) Q4 2025 Earnings Call Transcript

Travis Perkins (LSE:TPK) reported a sharp drop in full-year profits on Tuesday as weak construction activity and the rollout of a new IT system took their toll, though a dramatic strengthening of its balance sheet gave management confidence the worst is behind it. The building materials distributor's adjusted operating profit fell 12.5% to £133 million in 2025, as lower trading volumes and heavier promotional…

Travis Perkins (LSE:TPK) near-term set-up looks unconvincing even if the builders merchant has stronger recovery potential as UK markets improve, that's according to analysts at Stifel. The broker, in a note, kept a 'hold' rating for TP and cut its forecasts.
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