Travis Perkins, who owns DIY chain Wickes, saw revenue in their consumer division rise by 8.6% to £693 million in the first half of their financial year.
The retailer, which also includes Toolstation, increased its like-for-like sales by 6.5% in this period.
Travis Perkins said their performance was improved by continuous improvements in Wickes, due to a transformation programme which included a “significant” number of range reviews. In addition, Wickes online was further improved, with the launch of a one-hour click and collect service, as well as three Wickes stores were re-modelled. Online sales now make up over 8% of Wickes sales, with half of the growth in online sales coming through click and collect.
Growing Toolstation has continued a sturdy revenue performance in the six months to 30 June, which was driven by organic growth in sales through existing stores and additional 18 new branches. Toolstation also benefited from the introduction of a new one-hour click and collect service.
Travis Perkins said Tile Giant started 2015 well, with good like-for-like sales growth and gains in market share.
Across Travis Perkins’ wider business, revenue improved by 7.8% to £2.94 billion with like-for-like revenue up 5.7%. Adjusted operating profits climbed by 5.7% to £185 million. Excluding property profits, adjusted operating profit grew by 9%
John Carter, Travis Perkins chief executive, said: "The group has delivered a strong underlying performance in the first half. We continue to anticipate a full year result in line with expectations and delivering against our targets including low double-digit profit growth and sales outperformance of our markets.”
