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Travis Perkins profits up 37% to £269.6m
22 February, 2012
Travis Perkins has reported a 37% rise in annual pre-tax profits to £269.6m (2010: 196.8m).
Chief executive Geoff Cooper said 2011 had been a good year despite a depressed construction market, as the company had improved its services, gained market share and exceeded its expectations with the acquisition of BSS.
“With the prospect of the market softening as we go into 2012, the continued improvement in our offer to customers and gains from strategic developments will be the engine of this growth,” said Mr Cooper.
Group sales were up 52% to £4.7bn, though the BSS takeover accounted for 43.7% of this, with like-for-like sale growth at 6%. Travis Perkins’ core merchanting division posted a like-for-like sales growth of 9.4%, with volumes up 3.9%, supported by higher than expected price of inflation of 5.5%.
Adjusted operating profits in the merchanting division were up 9% to £201.8m.
Source
“With the prospect of the market softening as we go into 2012, the continued improvement in our offer to customers and gains from strategic developments will be the engine of this growth,” said Mr Cooper. Group sales were up 52% to £4.7bn,
Powered by Scania SCR diesel engines meeting the Stage IIIB EU emissions regulations, the new large wheel loaders combine high engine power output with new ZF transmissions and several other features which Doosan said minimised fuel consumption as well
Twin gleaming stainless steel manifolds and chunky rear tyres are the first signals that there might be more to this tractor than meets the eye. But turn the key, fire up the 200hp Perkins V8 diesel crammed under th Please Log in or Subscribe to
Engine manufacturer Perkins has made 200 temporary shopfloor workers at its Peterborough facility into permanent employees, and is also embarking on its annual drive to fill 25 technical apprenticeships. Operations manager Jim Ritchie says: “A growing
Kleiner Perkins-backed comparison shopping platform FindTheBest has been focused on solving a specific problem for the past year: how to help people compare different products and services so that they can quickly figure out which is the best one.
***** CE certificate available from seller - No CE mark on machine.
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Enclosed Cab, A/C, Heater, Perkins Diesel Engine, Hydrosatic Drive, 400mm Track Shoes, 60x3m Drill Rods, 300mm Drillhead, No CE certificate available from seller - CE mark on machine
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No CE certificate available from seller - No CE mark on machine.
Price: €13,000.00
Plumbing, 4x4, Hydrostatic Transmission, 2650mm Stick, 2500mm Blade, Manual Coupler, 1750mm Hydraulic Tilting Bucket, 11.00-20 Tyres. No CE certificate available from seller - CE mark on machine. Hyd.
Price: €26,000.00
$2,000.00
