Wickes owner warns on growth signals

TRAVIS Perkins, which owns DIY chain Wickes, yesterday reported a fall in profits and warned that there was "no clear indication" of when its markets might resume growth.

By The Newsroom

Published 24th Feb 2010, 20:03 BST

Updated 24th Feb 2010, 20:10 BST

Pre-tax profits slipped 11.1 per cent to 180 million in 2009, but Travis Perkins said it coped well in the recession as activity in the builders' merchant market fell 30 per cent from its peak in late 2008 to its low point in mid 2009.

Wickes Travis Perkins