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Highlights Robust revenue performance driven by strong operational delivery and broad - based , RMI led recovery . Like for like revenue in continuing businesses * grew by 44.1 % and was 14.5 % ahead of 2019 ● ● Travis Perkins plc Half year results for the six months ended 30 June 2021 Excellent operational performance ; portfolio actions complete ● Adjusted operating profit of £ 164m ( 2020 : £ 17m ) up 14 % vs 2019 resulting from higher volumes with solid gross margins , improved customer proposition and restructuring benefits Strong revenue and operating profit performance in Merchanting following decisive actions to refocus the business ; challenging period of inflation and materials shortages being navigated well Toolstation market share gains continue ; rollout on track in both UK and Europe Portfolio actions executed with successful Wickes demerger and Plumbing & Heating business sold to H.I.G. Capital for £ 325m with completion expected Q3 Interim dividend reinstated at 12.0 pence per share ; special return of capital from Plumbing & Heating proceeds post completion Increasing guidance for full year 2021 to at least £ 310m of adjusted operating profit for the continuing businesses reflecting higher property profits of around £ 30m Continued progress on setting industry leading sustainability targets consistent with the 1.5 degree pathway of the 2016 Paris Agreement Investor update to be held on 29 September to update on future plans to deliver long term sustainable value to shareholders £ m ( unless otherwise stated ) Revenue Like - for - like revenue growth¹ Adjusted operating profit¹ Adjusted earnings per share¹ ROCE¹ Covenant net debt¹ Dividend per share Operating profit Total profit / ( loss ) after tax Basic earnings / ( loss ) per share Note 17f 17a 10b 17e 14 11 10 H1 2021 2,299 44.1 % 164 46.2p 12.1 % 105 12.0p 168 100 41.5p H1 2020 1,669 ( 19.3 ) % 17 1.0p 6.9 % 22 0.0p ( 79 ) ( 86 ) ( 34.5 ) p Change 37.7 % n / m n / m 5.2ppt ( 83 ) ¹ Alternative performance measures are used to provide a guide to underlying performance . Details of calculations can be found in the notes listed * The Retail and Plumbing & Heating segments are treated as discontinued operations with the prior year comparatives re - presented Nick Roberts , Chief Executive Officer , commented : " I am delighted with our performance during the first half of 2021. To have executed our planned strategic portfolio actions whilst delivering an excellent trading performance in ever changing market conditions is testament to the hard work and capability of our colleagues across the Group . I am particularly pleased with the agility that our teams have shown in responding to rapidly evolving market dynamics whilst always maintaining their focus on customer , colleague and supplier safety .