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Travis Perkins lowers profit outlook amid half-year declines

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Wickes parent compant Travis Perkins has lowers profit outlook on the back of a weak DIY market and decline in half-year profits. For the six month period ending June 30, adjusted profit before tax dropped 4.6 per cent to £167 million and adjusted operating profit declined 5.8 per cent to £179 million. READ MORE: Wickes drags down Travis Perkins sales in Q1 However, there was a 4.4 per cent uptick in revenue to £3.4 billion while like-for-likes grew of 4.2 per cent

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Travis Perkins lowers profit outlook amid half-year declines

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