Welcome to the 2025 Annual Report for Travis Perkins plc, the UK’s largest distributor of building materials

The breadth, reach and scale of the business means it’s in a unique position to supply the entire UK construction industry and provide customers with the materials and tools they need for their building projects, when and where they need it. The Group has a strong heritage and employs over 17,000 colleagues across six leading businesses which are all number #1 or #2 in their markets.


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Annual Report 2025

Strategic Report

Sustainability

Governance

Financial Statements


Chair’s statement

“I am delighted with how our teams responded to the challenge of building top-line momentum and regaining market share in the Merchanting business.”

Geoff Drabble, Chair


CEO’s statement

“I believe in the power of a branch-based, sales-led organisation and that principle stands well for each of the businesses that we have in the Group.”

Gavin Slark, Chief Executive Officer


Financial Highlights

£ 0 m

Revenue

£ 0 m

Adjusted operating profit

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Net debt/adjusted EBITDA

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Return on capital employed

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Dividend per share

£ 0 m

Loss after tax

0

Graduate apprentices

0 (kt of CO2e)

Carbon emissions

Market overview

The market for building materials in the UK coming through distribution channels is £66bn.

  • Market mix: 189%
  • Group revenue mix: 15%
  • Growth drivers:
    • Government housing targets
    • A shortage of housing in the UK
    • Growth in the population
    • Government regulation
    • Upcoming building regulation change
  • Market mix: 17%
  • Group revenue mix: 37%
  • Growth drivers:
    • The age and quality of UK housing stock
    • Mortgage rate stability
    • Government schemes to boost energy efficiency
    • Energy efficiency retrofit trends
  • Market mix: 26%
  • Group revenue mix: 23%
  • Growth drivers
    • Data centres and AI infrastructure
    • Investment in infrastructure
    • Greater demand for energy efficient buildings
    • Cladding remediation on commercial buildings
  • Market mix: 39%
  • Group revenue mix: 25%
  • Growth drivers
    • Need for public infrastructure investment and social housing
    • Decarbonising the electricity grid
    • Modernisation of the public sector estate

Note: The market mix and market size figures are based on 2025 data from the Builders Merchant Market Report UK. The Group mix is based on internal estimates.

Sustainability

As the UK’s largest distributor of building materials, Travis Perkins plc is committed to driving meaningful Environmental, Social and Governance (“ESG”) change in the construction industry.

This commitment to customers, colleagues and communities covers every aspect of the business. Besides a focus on improving the performance of its own business, the Group works proactively with suppliers and customers and recognises the important role it plays as a convener and influencer in the development of more sustainable communities.

Building on the progress made since the Group launched its first Building for Better framework and targets in 2020, this latest status report provides an update on performance in the focus areas where the Group carries the most risk or opportunity, as shown in the framework.

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Results, reports & presentations

Discover our latest and previous results and download key information

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Sustainability

Discover more about our approach to sustainability, and download key information

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Shareholder centre

Our ambition is to be the leading partner to the construction industry.

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