Travis Perkins increases its 2016 interim dividend by 3.4%

Matthew Riding

DividendMax Ltd.

2020-10-07 00:48:37

Tuesday, 02 August 2016

Revenue increased by 5.8% with like-for-like sales up 3.1% (9.0% on a two-year basis) demonstrating continued outperformance of the market
Adjusted operating profit increased by 4.9% to £194m
Adjusted EPS increased by 7.7% to 58.4p
Interim dividend increased by 3.4% to 15.25p per share
Good adjusted free cash flow generation of £165m, with cash conversion of 85%
Gross capital investment of £120m, including £49m of freehold property investments
Strong balance sheet, with committed long-term funding and significant liquidity headroom to continue investing
Network expansion of net 14 new branches and stores opened in the half

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