IFRS 16 - Leases update

Travis Perkins (TPK)
Travis Perkins: IFRS 16 - Leases update

23-May-2019 / 09:00 GMT/BST
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23 May 2019

Travis Perkins plc

IFRS 16 - Leases update

On the 21st May 2019, Travis Perkins plc held an education session for sell-side analysts on the application of the new IFRS 16 - Leases accounting standard and its impact on the Group's results. A brief explanatory presentation, with commentary, is now available on the Travis Perkins plc website.

No new material disclosures were made during the briefing. The Group has provided non-statutory indicative comparatives to demonstrate how 2018 results would have looked under the new rules. These can be found on the 2019 Results Centre page on the Group's website:

https://www.travisperkinsplc.co.uk/investor-relations/results-centre.aspx

The new rules apply from 1st January 2019, with the Group's interim 2019 results, released on the 31st July 2019, prepared on this basis. 2018 results will not be restated, but non-statutory indicative comparatives will be provided.

If you have any questions, please contact a member of the Investor Relations team.

 

Enquiries

Investor / analyst enquiries

Graeme Barnes | +44 7469 401 819 | graeme.barnes@travisperkins.co.uk

Zak Newmark | +44 7384 432 560 | zak.newmark@travisperkins.co.uk

 

Media enquiries

David Allchurch | Tulchan Communications | +44 207 353 4200



ISIN: GB0007739609
Category Code: MSCL
TIDM: TPK
LEI Code: 2138001I27OUBAF22K83
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 8750
EQS News ID: 814845

 
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