Europe Movers: Greencore, Travis Perkins, YouGov

Inga Muller
02 Apr, 2025
Frankfurt

Travis Perkins Plc. dropped 7.6% to 508.0 pence after the UK-based building products company swung to a loss in 2024.

Revenue declined 4.7% to £4.61 billion from £4.84 billion, net loss was £77.4 million compared to a profit of £38.1 million, and diluted loss per share was 36.6 pence compared to a profit of 17.8 pence a year ago.

The company proposed a dividend of 9.0 pence per share, compared to 5.5 pence in 2023, to give a full-year dividend of 14.5 pence per share, compared to 18.0 pence per share a year ago.

The dividend represents 30% to 40% of adjusted earnings and is payable on May 29 to shareholders on record as of April 22.

The building products company guided a fiscal 2025 effective tax rate of around 30% on UK-generated profits, a base capital expenditure of around £80 million, and property profits of around £3 million.

YouGov Plc. surged 5.6% to 290.43 pence after the UK-based market research and data analytics company reported results for the half year 2025.

Revenue jumped to £191.7 million from £143.1 million, adjusted operating profit edged up to £30.1 million from £27.9 million, and adjusted earnings per share dropped to 17.1 pence from 20.4 pence a year ago.

The company said it is on track to achieve £20 million in cost savings, with 70% to be realized during fiscal 2025.

In the Americas region, the company estimated “mid-single-digit growth driven by sustained momentum in the region, primarily driven by technology and academic clients.”

Greencore Group Plc. surged 5.6% to 178.60 pence after the UK-based convenience foods provider raised its profit outlook after a strong second quarter of 2025.

The company estimated adjusted operating profit for fiscal 2025 to be ahead of current market expectations and in the range between £112 million and £115 million, compared to £97.5 million in 2024.

Greencore will post results for the half year on May 27.

The company continues its focus on cost control, as “strong revenue and volume momentum continued into the second quarter, supported by continued growth with customers and new business won during fiscal 2024,” the company said in a release to investors.