The builders鈥� merchant and retail business has increased its revenue to 拢3.1bn

Builders鈥� merchant and retail business Travis Perkins has reported revenue increases of 8% to 拢3.1bn.

Excluding the extra income gained when the company bought plumbing and heating group BSS for 拢624m last year, like-for-like turnover is up 5%.

Profit before tax was also up 20% to 拢217m, and net debt reduced by 拢205m, before the BSS acquisition.

Chief executive Geoff Cooper said: 鈥淥ver the last four years we have seen three clear turning points in the course of the recession in construction markets - a sharp downturn, a return to stability in activity at low levels, and a gradual but choppy recovery, which still has a long way to go.

鈥淎t each turn we decisively adapted our stance to trading, investment and cash,鈥� he said.

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