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.

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."

sure glad i tucked away my tasty profit a couple of months back!
perhaps worth looking to see if now sufficiently o'sold

StockMarketWire.com
Travis Perkins's FY pretax profit has fallen 30.2% to GBP224m, from GBP321m. Revenue rose 6.5% to GBP5.9bn, from GBP5.6bn. Dividend per share was 44p, from 38p.

CEO John Carter commented:
"The Group has delivered a good performance in 2015 despite the weaker than expected RMI market in the second half of the year.

"We made very good progress on our key strategic priorities; modernising General Merchanting, transforming Wickes and re-segmenting the Plumbing & Heating division, and we continued to improve our customer propositions, delivering access to greater ranges with better availability.

"The increased capital and operational investments are enabling us to leverage the scale of the business and exploit structural advantages in sourcing and supply chain, driving our continued outperformance.

"We believe that the growth drivers in our markets remain strong and welcome the return to growth of mortgage approvals and secondary housing transactions in the second half of 2015.

"This has supported good growth in RMI sales for the Group in January and February 2016. This gives us further confidence that through our strategy we will successfully deliver against our medium-term targets of sales outperformance, low double-digit profit growth and improving returns."

HIGHLIGHTS:
- Adjusted operating profit, excluding property profits, increased by 8.7% to £389m

- Adjusted EPS increased by 4.3% to 124.1p, lower than the 7.6% growth in adjusted operating profit due to lower property profits and non-cash charges relating to foreign exchange contracts

- Network expansion continued, with net 53 new branches and stores opened, including implants

- Significant progress on major strategic fronts, including supply chain investments in General Merchanting and completion of the re-segmentation in Plumbing & Heating

- Free cash flow of £317m (note 13) at a cash conversion rate of 77% (2014: 66%) used to fund £134m of growth capex

- Lease adjusted return on capital employed (note 15b) increased to 10.5% reflecting higher earnings offset by the increase in capital employed including the £104m invested in freehold property

- Non-cash impairment charge of £141m recognised against goodwill and other intangible assets of PTS and F&P given the challenging market conditions

StockMarketWire.com
Travis Perkins said all its businesses showed good growth in Q1 2016, driven by the recovery in the RMI market and by the investments it has made to improve customer propositions as part of its five-year plan.

Total group sales were up 5% in Q1. Group like-for-like sales in Q1 were up 4.2%, led by gains in Consumer (7.3%), General Merchanting (4.7%), Plumbing & Heating (2.2%), and Contracts (2.1%).

"The modernisation of General Merchanting continued with a clear focus on driving the maturity of the heavyside range centre network, improving customer access to broader ranges and better stock availability," the company said in a statement.

"The physical aspect of the restructuring of the Plumbing & Heating division has been successfully completed; the priority is now to take full advantage of the customer focused businesses that have been created.

"Growth in the Contracts division moderated, against strong comparators in 2015, but there remains significant opportunity to continue to take further share in these markets.

"The Consumer division maintained the strong momentum established in 2015, with excellent like-for-like growth."

Another bombed out stock post Brexit, which has recovered slightly.

StockMarketWire.com
Travis Perkins has hiked its H1 pretax profit by 10.7% to £176m, from £159m, with interim dividend rising to 15.25p a share, from 14.75p.

It posted revenue of £3.11bn, from £2.94bn, with like-for-like revenue up 3.1%.

CEO John Carter said:
"The solid performance in the first half of 2016 reflects our leading market positions, the hard work of our teams and the investments we have been making to improve all aspects of our business.

"The investments to extend our range, build out our distribution infrastructure, expand our network and accelerate our online growth have helped us continue to win market share and to position us well for the future.

"We plan to continue to invest in our businesses where we can generate strong returns and create value for our shareholders over the long-term.

"It is clear that the result of the EU referendum has created significant uncertainty in the outlook for our end markets and we did experience weaker demand in the run up to and immediately following the referendum.

"Our two-year like-for-like sales in July have been below the levels we experienced in the second quarter, however we have seen a gradual improvement through the course of the month.

"In our view it is too early to precisely predict end market demand and we will continue to monitor the lead indicators we track and will react accordingly.

"We have a proven track record of reacting swiftly to changes in market conditions, and the strength of the Group's balance sheet, the competitive advantage we have created through the investments we have made and our ability to flex the cost base leaves us well positioned to continue to win market share and drive shareholder value over the medium term."

Peel Hunt Hold 1,503.50 - 1,910.00 Reiterates

Panmure Gordon Hold 1,503.50 1,500.00 1,500.00 Retains

Reuters - Travis Perkins, Britain's biggest supplier of building materials, warned on Wednesday it would not meet market expectations for full-year profit, blaming a disappointing performance in its plumbing and heating business.

The group, which trades from over 20 businesses, including Travis Perkins, Wickes, BSS, Toolstation and Tile Giant, said it expected core earnings for 2016 to be "slightly below" the current market consensus of 415 million pounds.

Travis Perkins also highlighted uncertainty in the outlook for 2017 as it reported third quarter total sales growth of 3.4 percent and underlying growth of 2.0 percent.

It plans to close over 30 branches and make further efficiency driven changes in the supply chain, resulting in an exceptional charge of 40 million to 50 million pounds in 2016.

Unaudited results for the full year ended 31st December 2016

Full year highlights

Revenue increased by 4.6%, like-for-like revenue up 2.7% (6.6% two-year like-for-like)
Adjusted operating profit, excluding property profits, increased by £3m to £392m (2015: £389m)
The balance sheet was further strengthened with net debt reduced by £69m to £378m
Strong free cash flow generation of £436m at a cash conversion rate of 107% (2015: 77%), used to fund £187m of growth capital expenditure
Full-year dividend increased 2.3% to 45.0p per share, reflecting confidence in cash generation
Network expansion continued, with net 25 new branches and stores opened (82 gross)
Lease adjusted return on capital employed reduced to 10.9% reflecting continued investment in network expansion, store refits and IT which will underpin future earnings growth and cash generation
An exceptional non-cash impairment charge of £235m has been taken against the goodwill and intangible and tangible assets, principally in the plumbing & heating and tile businesses
An exceptional charge was taken to the income statement of £57m to cover the previously announced closure of underperforming branches, supply chain rationalisation and central restructuring.