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.

Trading update on Thursday 17th.

Bank of America Merrill Lynch Buy 1,744.00 1,460.00 1,900.00 Upgrades

Deutsche Bank Hold 1,744.00 1,352.00 1,352.00 Reiterates

Interim Management Statement

nterim Management Statement - Encouraging sales momentum in the third quarter

· Total sales growth of 8.6%, 7.1% on comparable trading days basis

· Like-for-like sales growth of 6.3%

· Stronger sales momentum in our trade divisions but consumer markets lagging

· On-track to meet earnings per share of around 100 pence despite lower property disposal gains

Notice of Full Year Results - 26 February 2014

Travis Perkins will announce its 2013 full year results on 26 February 2014. Management will also be hosting a presentation for institutional investors and investment research analysts at 11.00am on the day.

In addition, the following reporting dates have been set for the Company for the remainder of 2014:

2014 first quarter interim management statement 24 April 2014

2014 Annual General Meeting 28 May 2014

2014 Half Year results 31 July 2014

2014 third quarter interim management statement 17 October 2014

2014 Full Year results 26 February 2015

Preliminary Results

STRONG LIKE-FOR-LIKE GROWTH, ADJUSTED PROFIT BEFORE TAX UP 12% AND DIVIDEND INCREASED BY 24%
FINANCIAL HIGHLIGHTS

· Revenue now over £5bn with annual growth of 6.3%, 5.0% on a like-for-like basis

· Operating profit up 10% to £330m

· Adjusted profit before tax up £35m or 12.4% to £321m

· Profit after tax up £16m to £265m

· Adjusted EPS up 14.3% to 103.6p

· Final dividend up 24% to 21p, giving full year dividend of 31p

· Net debt reduced by £104m to £348m
OPERATING HIGHLIGHTS

· All divisions achieved revenue growth

· Strong overhead control throughout the Group
· Operating margin improved by 0.1pp to 6.8%

· 43 new branches and 15 implants opened, including 9 Toolstation openings within Wickes

· Acquisition of Solfex and an online heating products distribution business

Citigroup Buy 1,868.50 2,040.00 2,040.00 Upgrades

Interim Results

HIGHLIGHTS

• Like-for-like revenue(2) increased by 10.2% with growth in all divisions
• Adjusted operating profit(2) up 18.8% to £175m with adjusted operating margin(2) up • 0.4% to 6.4%
• Adjusted EPS(2) improved by 21.6% to 53.4p
• Interim dividend increased by 22.5% to 12.25p
• Lease adjusted return on capital(2) employed improved by 1ppt to 10.5%
• Strong free cash flow(2) with cash generated from operations up £56m to £222m
• Net debt(2) reduced by £51m to £297m
• Capital expenditure up 24% at £65m in the half
• New fascias opened in every division, totalling 55 for the Group

TFP

Big Director Buys here today, ive followed them in and bought results 17th of this month.

Ex dividend next Thursday 9th Oct @12.25p

Yep good stuff.

Interim Management Statement

Third quarter highlights

Total sales growth of 6.9%
Like-for-like sales growth of 5.7%
Two-year like-for-like sales growth of 12.4%, building on strong first half
Trading consistent with expectations at the start of the year

market doesn't like those figures albeit that there is some customary "sell on the event" built in

Stock fighting back, think you were a bit quick off the mark Cyners.

i hold them in my sipp and very happy to do so - thanks to you if i recollect

i'm currently watching ftse closely to see if it can really hold 6250 as that is quite a key level

Yes these round figures are liked.

Final Results

HIGHLIGHTS

For the year ended 31 December 2014


Revenue increased by 8.4% to £5.6bn, with like-for-like sales up by 7.3%

Adjusted earnings per share increased to 119.0p, up 14.9%

Final dividend of 25.75p giving a full year dividend of 38.0p, up 22.6%

Gross capital investment increased by £58m to £165m funded from cash flows to drive on-going share gains and sustainable growth

54 new sites opened with a further 47 implants added to the network

Acquisition of Primaflow, a plumbing and heating distribution business for £16m

Supply chain capabilities enhanced with new Warrington primary distribution centre and second heavy-side range centre

Lease adjusted return on capital employed improved by 0.4ppt to 10.4%
Long-term funding secured with £250m bond issued on investment grade terms

StockMarketWire.com
Travis Perkins has reported that in the first quarter of the year there was sales growth of 7.2%.

Like-for-like sales growth was 5.1% with a two-year like-for-like sales increase of 18.4%.

Overall trading is in line with expectations

John Carter, chief executive, commented: "The majority of our businesses performed well against strong comparators in the first quarter, driven by the investments we have made to improve our propositions in the initial stages of our five-year plan."

Good looking chart for this lot eh?

very happy indeed to have them in my sipp where any profits realised remain tax free, and will do so regardless of the colour of the next parliament - tartan perhaps?

StockMarketWire.com
Travis Perkins sees its FY EBITA at the lower end of market expectations. It noted total sales growth of 5.5%, and like for like growth of 2.6%.

CEO John Carter commented:
"Our strategy continues to deliver outperformance of the markets in which we operate. Whilst we planned for a modest reduction in RMI markets through the summer given the slowdown in secondary housing transactions towards the end of 2014 and early part of 2015, we saw weaker market demand than anticipated.

"This was in both housing and non-housing RMI spend as evidenced by the recent construction output data, leading to dampened growth across all of our businesses. We indicated earlier in the year that we expected volumes to pick-up during the second half and October trading so far has seen a recovery in volumes.

"Importantly, our strategy remains firmly on track and we have continued to significantly outperform our key markets.

"We have made a number of investments over the last 18 months to improve our general merchant proposition, begin the transformation of Wickes, re-segment our plumbing and heating businesses, modernise our IT and supply chain infrastructure and expand the geographic footprint of Benchmarx, Toolstation and CCF.

"These investments have been made to improve our customer propositions, optimise our network and exploit our scale advantage, and underpin our confidence that we will continue to drive sustainable growth and improving returns."