Travis Perkins's Wickes on track for demerger after strong quarter
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LONDON (Reuters) - Travis Perkins , Britain's biggest building materials group, said its Wickes home improvement business is on track to demerge in the second quarter as it reported strong fourth-quarter trading.Ahead of its capital markets day for investors on Wednesday, it said Wickes' like-for-like sales rose 4.5% in the 13 weeks to Dec. 28, driven by robust demand across its core business (local trade and "do-it-yourself") and its "do-it-for-me" (DIFM) operation.Wickes' 2019 like-for-like..