April showers mean slow progress for materials suppliers

April showers mean slow progress for materials suppliers Travis Perkins, the builders' merchant, said yesterday that April's showers has hit demand . He said, however, that brick prices were showing signs of an increase because competitors had closed down. Rain stopped play elsewhere in the building industry, with Eric Gadsden, the chairman of Michelmersh Brick Holdings, saying that bad weather in February "resulted in lower-than-expected sales volume" at the brick maker for the first quarter. Sales were boosted slightly by the acquisition in January of Toolstation, a smaller British rival. The chief executive, Geoff Cooper, said: "We are satisfied with the good progress in the first quarter. He also hinted that acquisitions could be on the horizon. April showers mean slow progress for materials suppliers Trade News selected by Local Linkup on 15/05/2012