In This Article:
Travis Perkins (LON:TPK) Full Year 2024 Results
Key Financial Results
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Revenue: UK£4.61b (down 5.2% from FY 2023).
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Net loss: UK£40.6m (down by 207% from UK£38.1m profit in FY 2023).
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UK£0.19 loss per share (down from UK£0.18 profit in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Travis Perkins EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.
The primary driver behind last 12 months revenue was the Merchanting segment contributing a total revenue of UK£3.79b (82% of total revenue). Notably, cost of sales worth UK£3.40b amounted to 74% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to UK£779.2m (63% of total expenses). Explore how TPK's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Trade Distributors industry in the United Kingdom.
Performance of the British Trade Distributors industry.
The company's shares are down 11% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Travis Perkins' balance sheet.
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