With strong fundamentals, a healthy balance sheet and supportive scenario across housing, commercial and industrial markets, the medium-term outlook for Travis Perkins looks bright. We assign a Buy rating for the stock. Ashtead Group ( LON:AHT ) – Buy Ashtead Group announced unaudited results for the nine months and third quarter ended 31st January 2015. On a statutory basis, revenue for the nine months increased 20% to £1.5bn, with Sunbelt and A-Plant contributing around 84%, and 16%, respectively. In the three months period, statutory revenue was up 23% to £512.9m.