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Travis Perkins revenue falls as market volumes decline


By Dan McGrath

Travis Perkins has recorded a 4.7% drop in group revenue in the year to 31 December, as the building materials distributor highlighted a "continued decline in market volumes".

The firm also stated that price deflation and an underperformance in its merchanting segment also contributed to this drop in revenue


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Yew Tree Consortium proposes further Aston Martin investment

Aston Martin has been approached by shareholder, Yew Tree Consortium, to invest £52.5m and increase its stake in the car manufacturer to 33%

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YouGov revenue jumps 34% in half-year results

YouGov has seen its revenue increase by 34% year-on-year in the six months to 31 January 2025, reaching £191.7m

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Serica figures hit by Triton FPSO delays

Serica Energy has lowered its production forecast for the current year following output delays at its Triton floating production storage and offloading (FPSO) unit

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Pets at Home profit guidance drops for FY2026

Pets at Home has stated that its profit before tax is set to drop to between £115m-125m in the 2026 financial year, as it continues to operate in a "subdued consumer backdrop"

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WH Smith sells high street business for £76m

WH Smith has agreed to the sale of its high street business to Modella Capital for an enterprise value of £76m

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Next upgrades profit guidance

Next has upgraded its full-year profit before tax guidance by £20m for the 2025/26 financial year to £1.1bn.

The fashion and homeware retailer stated that this was a result of its full price sales in the first eight weeks of the current financial year beating expectations

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Platform CFO steps down

The chief financial officer (CFO) at Platform Housing Group, Rosemary Farrar, has announced that she is to step down from the role

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Evelyn Partners reports record AUM amid wealth focus

Evelyn Partners’ assets under management (AUM) increased by £3.9bn in 2024 to a record £63bn, as the firm focused in on his wealth business, its annual report has revealed

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Thames Water CFO steps down

The chief financial officer (CFO) at Thames Water, Alastair Cochran, has announced that he will step down from the role at the end of the month

AJ Bell sells £25m Platinum SIPP and SSAS business to InvestAcc

AJ Bell has agreed to sell its Platinum SIPP and SSAS business to InvestAcc for a deal worth up to £25m
Shell accelerates strategy as it enhances shareholder distributions

Shell has stated that it is "strengthening its commitment to value creation", in an announcement in which it said it will deliver "more" for its shareholders
UK venture capital landscape ‘mixed yet encouraging’ – GlobalData

The UK venture capital (VC) funding landscape in early 2025 is presenting a “mixed yet encouraging scenario”, according to GlobalData


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