FTSE 250 builders’ merchant Travis Perkins (TPK) issued a disappointing Q1 trading update, missing market expectations. Shares in the Northampton-based group dropped 5% to a new 12-month low of 518p. Volumes remain weak For the three months to March, the group posted a 3.1% drop in revenue with organic revenue down 1.7%. The balance of … Continue reading Travis Perkins hits year low on weak Q1 trading