Wednesday, August 2, 2017

Travis Perkins to restructure plumbing again after more profit leakage – Proactive Investors UK


Proactive Investors UK


Travis Perkins to restructure plumbing again after more profit leakage
Proactive Investors UK
Another tough six months for its plumbing and heating division knocked profits at Travis Perkins PLC (LON:TPK), with a £40mln restructuring programme now in train to turn the business around. Group profits dropped to £167.6mln (£175.5mln) in the half

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