British building materials retailer Travis Perkins only recorded sales growth in the first quarter through its Toolstation distribution channel. Overall, Toolstation sales rose by 2.8 per cent compared with the same period last year, with a 3.7 per cent increase on a like-for-like basis. By contrast, the Merchanting division lost sales both on a like-for-like basis (-3.2 per cent) and overall (-3.5 per cent).
First quarter
Only Toolstation delivers sales growth for Travis Perkins
