In the Travis Perkins Group Q3 trading update this morning, Toolstation is reported as continuing to see good growth across both the UK and Europe, benefitting from network maturity. Toolstation UK delivered revenue growth of 7% in the third quarter whilst Toolstation Europe saw revenue growth of 9%.The overall Toolstation business grew by 7.3% in the quarter, with LFL revenue growth up 4.4%. Inflation pressures are easing with 'Price & Mix' delivering 4.8% of the year on year growth and Volume up by 2.5%.Year to date, Toolstation has grown by 8.6% with 5.0% LFL growth.BHETA is holding a Toolstation Meet the Buyer day on the 14th November 2023. If you are a supplier who is interested in meeting with Toolstation you can find more details here.
BHETA's Toolstation Meet the Buyer Day
.jpg)
