UK building materials firm Travis Perkins raises profit outlook amid pent-up demand        

Britain's construction industry recorded its fastest growth in 24 years in June, bolstered by a jump in demand for new homes and commercial property

Travis Perkins finance chief Alan Williams said the repair and maintenance improvements part of the market has driven revenue growth.

British building materials supplier Travis Perkins — a rival of Grafton-owned Chadwicks — raised its profit expectations, as pent-up demand after pandemic disruptions last year leads a strong rebound in the market, but it still took a cautious stance due to virus uncertainties.

Its finance chief Alan Williams said the company, the country's largest seller of building materials, will sharpen its focus on its division which sells materials such wood and sand to builders' merchants.