By Jess Jones British builders’ merchant Travis Perkins has lowered its operating profit expectations for the full year as it grapples with a tougher trading environment and weaker demand in the housing market. TheNorthampton-headquartered company said its full year adjusted operating profit is now projected to be about £150m, approximately six per cent below the market consensus. The figure also falls nine per cent short of analyst estimates from Peel Hunt, who rated the stock a ‘hold’ following the update. Shares fell over 3.4 per cent in early trading. For the first half of 2024, Travis Per…