Travis Perkins PLC (LON:TPK) shares rose on Tuesday as the group highlighted a recovery in sales as its stores reopened following a relaxation of lockdown restrictions.
In a trading update for the six months to June 30, the builder's merchant reported that sales in the period had fallen 19.3% on a like-for-like basis, with sharp declines in its merchanting and plumbing & heating (P&H) businesses offsetting a strong rise in its Toolstation arm.