Builders merchants and DIY Group Grafton has said that revenue for the ten months to the end of October amounted to €1.83 billion.
This was up from €1.73 billion the same time last year and was helped along by the sterling exchange rate.
Sterling revenues accounted for 76% of group revenue.
In an interim management statement, Grafton said it is on course to report full year operating profits - before restructuring and amortisation - at the higher end of market expectations.
''Increased operating profit was achieved in the ten months to October, despite difficult market conditions, through a disciplined focus on self-help measures,'' the statement said.
The company said that UK Merchanting turnover increased by 3.6% in the ten months to October.
But Irish Merchanting turnover fell by 8.7%. The company noted that trading in September and October benefited from a strong performance by the plumbing and heating division and promotional activity.
Grafton said that turnover in the Irish retailing business fell by 10.1%. It said the rate of decline eased in the months between July and October to 6.5% from 12.4% in the first half of the year when demand for seasonal products was less affected by adverse weather conditions.
