DIY group Travis Perkins said today that trading across both trade and retail divisions remains broadly in line with its expectations.

The owner of Wickes said in a statement that the outlook reflects “the continuing difficult conditions in construction markets”. It added: “Against this background the board expects that pre-exceptional earnings for the full year will be in line with market expectations.”

In October, Travis Perkins said 2008 profit will be at the low end of market expectations, and the firm may also scrap its final dividend.

The group’s preliminary results are expected to be announced on 19 February 2009.