i'd like some advise on this stock, new to share's but have a large holding at present, company figures look good, but share price seems to be under valued, any thoughts would help, i have a target figure of 22.00 end of year.

Interim Management Statement.

Trading update - continuing sales growth and market share gains across both divisions

Thanks -mitzy and skinny
what does takeover of BSS mean in terms of shares/price? Don't remember any notification being sent or vote taken.

Up 3 quid since the start of December - not bad.

not bad..lol.

Interim Results.

FINANCIAL HIGHLIGHTS

Group revenue up 54% at 2,347m, up 7.2% on a like-for-like basis

Adjusted profit before tax up 25% to 140m

Adjusted EPS up 13% on a reported basis

Free cash flow generated of 136m

Interim dividend of 6.5p per share

Underlying net debt reduced by 87m to 696m (note 12b)

OPERATING HIGHLIGHTS

Strong like-for-like performance in merchanting with sales increase of 10.7%, a market outperformance of 6%

BSS integration programme progressing well

Synergy programme on track with a 15m benefit expected in 2011

BSS operating margin before synergies increased to 4.3%

Retail like-for-like sales increase of 0.3%, an organic market out performance of 3.6%

Acquisition of 13 ex-Focus sites for 8m

This one's been on my radar for quite some time. Have just never taken the plunge though. The one in my local town is always busy...

Builders' merchant Travis Perkin will release an interim update on Wednesday, which should hopefully give us some feedback on how the building and construction business is going.

The trade has had a traumatic time since the financial squeeze put the brakes on housebuilding, and Travis Perkins shares slumped to 176p in the depths of 2008. But anyone who bought them then would be sitting pretty today with a four-fold rise to 744p. And with decent profit growth forecast for this year and next, with a very well covered dividend, the shares still look cheap

Interim Management Statement.

Looking for a move above 850.

Blimey - I didn't mean today!

Management Appointments.

TRAVIS PERKINS PLC ("the Group")

Management Appointments

Travis Perkins Plc announces a number of new appointments to its senior management team to support its business growth and development following the successful integration of the BSS businesses and the establishment of a new divisional structure.

The new structure, reporting through John Carter, the Group Chief Operating Officer, effective from 1 January, 2012, will comprise;

General Merchanting, comprising the four regional Travis Perkins businesses;

Specialist Merchanting, comprising Keyline, CCF, Benchmarx and our associate merchant, Rinus Roofing

Plumbing & Heating, comprising the ex-BSS Group businesses of BSS Industrial, PTS, Direct Heating Spares, together with City Plumbing Supplies and City Heating Spares;

Consumer, comprising Wickes, Tile Giant and our associate multi-channel business, ToolStation.

The two remaining ex-BSS Group businesses, Birchwood Price Tools and F&P Wholesale will report through our central Commercial and Supply Chain functions and for external reporting purposes they will be part of the Plumbing & Heating Division results.

Not bad for holding for four days!


RNS Number : 8984S

Travis Perkins PLC

28 November 2011

Travis Perkins plc

Notification of Director or PDMR share interest

The board of Travis Perkins plc ("the Company") has been notified on the dates stated below of the sale by the persons named below of ordinary shares of 10p each in the Company ("shares"), following the exercise of options under the Travis Perkins Executive Share Option Scheme at an option price of GBP2.01, on the dates set out below, As a result of these exercises and sales, such persons have the beneficial interests in shares set out below.


Date Name Status Exercise Number of Sale Date Number Sale Beneficial % of ISC
notified Date shares of shares Price interest
exercised sold
----------- ----------- -------- ------------ ---------- ---------- ---------- -------- ----------- ---------
25
November
2011 R Proctor PDMR 21/11/11 4,000 25/11/11 4,000 762.93p 20,166 <0.1%
----------- ----------- -------- ------------ ---------- ---------- ---------- -------- ----------- ---------
25
November
2011 M Meech PDMR 21/11/11 28,544 25/11/11 14,310 762.93p 39,201 <0.1%
----------- ----------- -------- ------------ ---------- ---------- ---------- -------- ----------- ---------

RNS Number : 8234T

Travis Perkins PLC

13 December 2011

Travis Perkins plc

Trading Update - Trading overall in line with expectations

Travis Perkins, the UK's leading builders' merchant and DIY retailer, today issues this Trading Update for the 11 months to the end of November.

Including BSS in 2010 on a proforma basis (but excluding data from the recently disposed Buck and Hickman business from both years), Group turnover for the eleven months to the end of November was up 5.5%. This period included one less trading day in our merchanting and BSS divisions than for the comparable period in 2010. Overall turnover without the proforma adjustment was ahead by 54.1%.

For the first eleven months of 2011 total turnover in our merchanting division, comprising our general and specialist merchanting businesses was up by 11.3%, including an increase in like-for-like turnover per trading day of 9.3%. Like-for-like turnover per trading day for the last two months to 30 November increased by 8.0%.

In general merchanting total turnover was up 9.8% for the eleven months, with like-for-like turnover per trading day up 9.0%, whilst our specialist merchanting business saw total turnover increase 13.7% with like-for-like turnover per trading day up by 9.8%.

In Wickes, delivered turnover for the 47 week trading period to 26 November was up 0.6% with like-for-like delivered sales down by 1.6%. Core product sales, representing some 80% of turnover, increased on a like-for-like basis by 1.6%. Kitchen and bathroom ("K&B") delivered sales were down 13.3%, reflecting continued poor and weakening consumer confidence for major purchases. For the last eight weeks total (core plus K&B) like-for-like delivered sales were down 6.8%.

Total turnover for BSS for the first eleven months of 2011 (excluding Buck & Hickman from both years) was up by 2.4%, with like-for-like turnover per trading day up by 2.8%. Like-for-like turnover per trading day for the last two months to 30 November increased by 2.7%.

We remain on track to meet our net debt target of GBP600m at the year end.

These trends mean that our outlook for the year as a whole remains unchanged from that stated in our October Interim Management Statement.

Our next update will be our preliminary results on Wednesday 22 February 2012.

RNS Number : 1041U

Travis Perkins PLC

16 December 2011

16 December 2011

TRAVIS PERKINS PLC

Travis Perkins announces signing a new GBP550 million Forward Start Banking Agreement

Travis Perkins plc ('Travis Perkins'), the UK's leading builders' merchant and home improvement retailer, announces that it has signed a new GBP550 million Forward Start Banking Agreement with a syndicate of banks led by Barclays Corporate, Lloyds Tsb Bank and The Royal Bank Of Scotland.

The GBP550 million facility, which can be drawn from April 2013, the expiry date for the Group's existing GBP800 million facility agreement, runs until December 2016, and is at a level that provides the Travis Perkins Group with the bank funding it requires for the foreseeable future.

The new agreement will increase the Group's funding costs in line with changes that have occurred in the market since the last financing agreement was signed in 2008. As a result it is anticipated that the Group will incur additional financing costs of around GBP4m in 2012.

The existing facility, which currently totals GBP800m, continues until April 2013 with further amortisation repayments of GBP29m in both April 2012 and October 2012.

Notification of Preliminary Results

Travis Perkins will announce its Preliminary Results for the twelve months ended 31 December 2011 on Wednesday 22 February 2012.

RNS Number : 7325W

Travis Perkins PLC

03 February 2012

Re: Toolstation

Travis Perkins has been informed by the Office of Fair Trading that it intends to review Travis Perkins' recent acquisition of the remaining 70% of Toolstation. While Travis Perkins will cooperate fully with any review, the Company sees absolutely no basis for this notification and will be seeking clarification from the OFT at the earliest opportunity.

ends

Preliminary Results.

TRAVIS PERKINS PLC

RESULTS FOR THE YEAR ENDED 31 DECEMBER 2011


CONTINUED ROBUST PERFORMANCE

ON MARKET SHARE GAINS, MARGINS, EARNINGS AND CASH GENERATION

DIVIDEND UP 33%

FINANCIAL HIGHLIGHTS


· Group revenue up 52% at £4,779m, up 6% on a like-for-like basis

· Adjusted profit before tax up 37% to £297m

· Adjusted EPS up 21% to 93.1p

· Proforma adjusted group operating margin maintained at 6.6%

· Net debt reduced by £191m to £583m with adjusted net debt to EBITDA of 1.3x (note 15)

· Total dividend per share up by 33% to 20p, including a final dividend of 13.5p

OPERATING HIGHLIGHTS

· BSS acquisition synergies realised in 2011 exceeded expectations at £20m

· Expected synergies for 2012 increased to £30m

· BSS integration ahead of schedule

· Strong like-for-like performance and market share gains

· Toolstation acquisition completed on 3 January 2012

· 13 ex-Focus stores acquired and trading ahead of expectations

Just closed half here for @+50%.

Interim Management Statement.

Interim Results

FINANCIAL HIGHLIGHTS

· Group revenue up 2.7% at £2,412m, down 0.7% on a like-for-like basis

· Before property profits adjusted EBITA, up 9.7% to £151m, adjusted PBT up by 7.3% to £137m, and adjusted EPS up 10.7% to 43.5p (note 13)

· Reported PBT after exceptional items up 25% to £162m

· Free cash flow generated of £99m

· Interim dividend of 8p per share up 23%

OPERATING HIGHLIGHTS

· Exceptional Q2 wet weather conditions impacted heavy-side business

· Gross margin before synergies increased by 0.5%

· Continuing market share gains across our business

· Tight cost control, like-for-like overheads flat

· Acquisition of Toolstation completed at an expected total cash cost of £107m

· Heads of terms agreed for investment in Toolstation Europe