India, April 1 -- Travis Perkins plc (TPK.L), a British distributor of building materials, Tuesday reported a loss in fiscal 2024, compared to prior year's profit, hit by charges and weak revenues.

Further, the Board is recommending a final dividend of 9.0 pence per share, higher than last year's 5.5 pence per share. The full-year dividend would be 14.5 pence per share, 19.4% lower than 18.0 pence per share last year.

The dividend will be paid on May 29 to shareholders on the register as at close of business on April 22.

Looking ahead, the company said it has experienced a mixed start to 2025. Trading conditions have continued to be challenging in Merchanting businesses with pricing now stabilised but volumes in modest decline. By contra...