Business
Interim results for the six months ended 30 Jun...
Interim results for the six months ended 30 Jun....
About this update from Travis Perkins Plc
[{"type":"text","content":"\n \nTravis Perkins (TPK)Travis Perkins: Interim results for the six months ended 30 June 2019 : Good strategic progress underpinned by strong trading performance31-Jul-2019 / 07:00 GMT/BSTDissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.The issuer is solely responsible for the content of this announcement.\n\nTravis Perkins plc\n\nInterim results for the six months ended 30 June 2019\n\nGood strategic progress underpinned by strong trading performance\n\n\n £m\n \n \n Note\n \n \n H1 2019\n \n \n H1 2018\n\n Restated(1)\n \n \n H1 2018\n\n IFRS 16(2)\n \n \n Change vs. illustrative comparatives\n \n \n Revenue\n \n \n  \n \n \n 2,771\n \n \n 2,591\n \n \n 2,591\n \n \n 6.9%\n \n \n Like-for-like revenue growth(3)\n \n \n  \n \n \n 8.0%\n \n \n 0.2%\n \n \n 0.2%\n \n \n 7.8ppt\n \n \n Adjusted operating profit(3)\n \n \n 17a\n \n \n 195\n \n \n 156\n \n \n 170\n \n \n 14.7%\n \n \n Adjusted earnings per share(3)\n \n \n 8b\n \n \n 50.1p\n \n \n 46.3p\n \n \n 41.8p\n \n \n 19.9%\n \n \n ROCE(3)\n \n \n 17f\n \n \n 9.8%\n \n \n 10.5%\n \n \n 9.0%\n \n \n 0.8ppt\n \n \n Covenant net debt(3)\n \n \n 13\n \n \n (414)\n \n \n (409)\n \n \n  \n \n \n  \n \n \n Dividend per share\n \n \n 9\n \n \n 15.5p\n \n \n 15.5p\n \n \n  \n \n \n  \n \n \n Operating profit / (loss)\n \n \n  \n \n \n 64\n \n \n (104)\n \n \n  \n \n \n  \n \n \n Total profit / (loss) after tax\n \n \n  \n \n \n 12\n \n \n (148)\n \n \n  \n \n \n  \n \n \n Basic earnings per share\n \n \n 8a\n \n \n 6.9p\n \n \n (57.2)p\n \n \n  \n \n \n  \n \n (1) All figures except for profit after tax restated to exclude the Plumbing & Heating division, which has been presented as a discontinuing operation\n\n(2) Figures adjusted on a non-statutory illustrative basis for IFRS 16 - Leases as previously reported in May 2019\n\n(3) Alternative performance measures are used to provide a guide to underlying performance. Details of calculations can be found in the notes listed\n\nFinancial highlights\n\nContinuing Group revenue increased by 6.9%, and by 8.0% on a like-for-like basis, primarily driven by volume growth\n Continuing Group adjusted operating profit increased by 14.7% to £195m\n Strong per...