Travis Perkins: Profit plunges as construction industry recovery remains sluggish

Travis Perkins has reported a 99 per cent plunge in operating profit in 2024, after a torrid year for the Nottinghamshire-headquartered firm.  The FTSE 250 building group reported an operating profit of £2m, down from £161m in 2023, after a 4.7 per cent revenue decline.  Shares in the group fell 10.4 per cent in early [...]