Trading from 1,827 branches across the UK, Travis Perkins has cited a 5.9% increase in its turnover in the first four months to April 30. The builders' merchant and do-it-yourself retailer Travis Perkins sales have marked a rise as it won market share from rivals despite flat market.

"Whilst the market continues to deliver little or no growth, our organic development strategy continues to progress with further gains in like-for-like market share in both our merchanting and retail divisions", the firm said on Monday.

The revenue has now been opened over a year, the figures of which were as follows: up 12.8% at its builder’s merchanting division, up 1.9% at do-it-yourself retailer Wickes, and up 2.3% at plumbing and heating business BSS. Also, the gross margins were slightly up at Wickes and BSS but the figures were down in merchanting. The firm also confirmed about its achieving the year-end debt target of 650 million pounds.

Before Monday's update, Travis Perkin’s shares were up by one third in the last year as the firm purchased the BSS Group and completed it in December as an enterprise value of 799 million pounds, which was highly welcomed by the market. On Friday, the stock list of the firm closed at 1,088 pence, valuing the business at about 2.63 billion pounds.

"We continue to take market share against a tough market backdrop, confirming the sustainable strength of our organic growth strategy", Chief Executive, Geoff Cooper said.