Travis Perkins has said it put in a good first half performance with revenue increasing by 10.3% £2.53 billion.

Meanwhile adjusted operating profit in the year to 30 June was broadly in line with the prior year at £163 million.

The group said its merchant division grew its revenue and adjusted operating profit by 13.3% and 9% respectively in the period.

However, revenue at Toolstation fell by 4.6% due to reduced DIY sales post-pandemic.

During the period, Travis Perkins enhanced its trade offer at Toolstation and is currently increasing investment in Europe for the business  as it looks to take advantage of new opportunities in the market.

The group said the strong performance of its merchant businesses is set to continue into the second half.