News | Latest Breaking News Stories & Headlines

Grafton Group on track for full year profits of £266m

Woodie's and Chadwicks owner Grafton Group today said it was making no change to its full year operating profit expectations, adding that the group is in a very strong financial position.

Business • 10 Nov 22

Grafton Group, which owns Chadwicks and Woodie's here, has named its new CEO

Born appointed as new CEO of Grafton Group

Woodie's and Chadwicks owner Grafton Group has appointed Eric Born as its new chief executive, succeeding Gavin Slark.

Business • 28 Oct 22

Grafton Group's half year revenues up 12%

Woodie's and Chadwicks owner Grafton Group has reported higher revenues for the six months to the end of June but its adjusted profits before tax dipped.

Business • 25 Aug 22

Gavin Slark has been chief executive of Grafton Group for 11 years

Slark to step down as CEO of Grafton Group

Gavin Slark is to step down as chief executive of builders merchanting and DIY group Grafton Group later this year after 11 years in the job.

Business • 04 Jul 22

Grafton said the performance at its Chadwicks business was exceptionally strong despite building materials price inflation

Grafton Group's Q1 revenue grows by 17.5%

Builders merchanting and DIY group Grafton Group said it had made a positive start to the year with total revenue up by 17.5% on a constant currency basis and average daily like-for-like revenue growth of 7.2%.

Business • 28 Apr 22

Grafton said its Chadwicks business saw the highest levels of activity since 2008 last year

Grafton reports record profits and revenues for 2021

Builders merchanting and DIY group Grafton Group has reported big jumps in both profits and revenues for 2021 as it saw a record contribution from its businesses in Ireland.

Business • 24 Feb 22

Grafton Group said the positive revenue growth trends reported for the four months to the end of October continued to the end of the year

Grafton Group's 2021 revenues rise by 25.7%

Builders merchanting and DIY group Grafton Group said that total revenue from continuing operations rose by 25.7% to £2.11 billion in 2021 from £1.68 billion in 2020 and by 28.4% from £1.64 billion in 2019.

Business • 12 Jan 22

Sitetech trades from two locations in Dublin and Cork and reported revenues of €16.9m in 2020

Grafton Group buys Sitetech Building Products

Builders merchanting and DIY group Grafton Group has agreed a deal to buy Sitetech Building Products, which distributes specialist construction accessories in Ireland.

Business • 22 Dec 21

Grafton said it saw strong trading momentum in its Chadwicks business after the phased reopening of the sector in April

Grafton Group expecting higher full year profits

Builders merchanting and DIY group Grafton Group said its group total revenue from continuing operations rose by 28.3% to £1.76 billion in the ten months to the end of October from £1.37 billion the same time in 2020 and by 27.1% from £1.39 billion in 2019.

Business • 09 Nov 21

Grafton has reported a record profit contribution from its Woodie's DIY, Home and Garden retail business here

Grafton Group posts record H1 operating profits

Shares in builders merchanting and DIY group Grafton rose today after it reported record operating profits and margins as well as record cash generation for the six months to the end of June.

Business • 25 Aug 21

Grafton Group's chief executive Gavin Slark

Grafton to sell UK traditional merchanting business

Building materials distributor Grafton Group is to sell its traditional merchanting business in Britain to builder merchant Huws Gray for an enterprise value of £520m.

Business • 01 Jul 21

IKH is one of the largest workwear and personal protective equipment wholesalers and distributors in Finland

Grafton Group to buy PPE maker IKH in Finland for €199m

Building materials distributor Grafton Group has agreed a deal to buy workwear and personal protective equipment maker IKH in Finland for €199.3m.

Business • 22 Jun 21

Grafton Group said revenue from January to April 18 jumped by 32.9% to £846.8m

Grafton Group's revenues up 33% so far this year

Shares in building materials supplier and DIY company Grafton Group jumped today after it said that its revenue growth was ahead of expectations in March and April.

Business • 28 Apr 21

Grafton Group buys Dublin-based Proline

Grafton Group has agreed a deal to buy Proline Architectural Hardware, a Dublin-based distributor of architectural ironmongery products for doors.

Business • 22 Dec 20

The Woodie's DIY, Home and Garden business experienced 'exceptional growth' for the four months to the end of October

Grafton Group raises full year guidance

The owner of the Woodie's DIY, Home and Garden business said the chain experienced "exceptional growth" for the four months to the end of October due to very high demand for home maintenance and improvement products.

Business • 12 Nov 20

Grafton Group has reported an 'exceptional performance' by Woodie's after 51 days of suspended trading

Grafton's H1 profits and revenues slump due to Covid-19

Building materials supplier and DIY company Grafton Group said its profit before tax for the six months to the end of June sank by 76% while its revenues dropped by 19% due to the Covid-19 pandemic.

Business • 27 Aug 20

Grafton's Woodie's business fully reopened on May 18 to a 'surge' in demand

Grafton says June trading more resilient than expected

The group behind DIY brands Woodies and Chadwicks has reported a drop of 19.4% in group revenue for the first six months of the year to £1.06 billion due to the impact of the Covid-19 pandemic.

Business • 09 Jul 20

Grafton's CEO and CFO request 20% cut due to Covid-19

Building and DIY merchants Grafton Group has said its chief executive Gavin Slark and chief financial officer David Arnold have voluntarily asked that their salaries and pension contributions be temporarily reduced by 20% with immediate effect.

Business • 08 Apr 20

Grafton saw evidence of stronger demand in Woodie's and a number of its distribution businesses due to forward buying

Grafton closes UK branches, suspends interim dividend

Building and DIY merchants Grafton Group has said it is closing all of its distribution branches and manufacturing plants in the UK for the next three weeks.

Business • 24 Mar 20

Grafton Group CEO Gavin Slark said the company was not immune to weakness in the UK economy

Grafton Group cautious on UK recovery

Operating profits at building and DIY merchants Grafton Group rose last year, despite softer trading in its UK business.

Business • 27 Feb 20

Grafton Group CEO Gavin Slark said recent trading conditions are more reflective of market sentiment than business fundamentals

Grafton Group warns of lower profit in 2019

Building materials distributor Grafton Group has today warned that its annual profit would be below market expectations, sendings its shares lower in London trade.

Business • 17 Oct 19

Grafton's CEO Gavin Slark said he expects a continuation of the positive trading conditions in its markets in Ireland and the Netherlands

Grafton upbeat on Irish operations as UK softens

Builders merchanting and DIY group Grafton says group revenue was up around 2.4% to £1.48 billion for the first six months of the year.

Business • 10 Jul 19

Grafton Group's CEO Gavin Slark said it should continue to benefit from the momentum in its Irish and Dutch businesses

Grafton Group's revenues up 6.1% so far this year

Builders merchant and DIY group Grafton has said that revenue for the four months to the end of April increased by 6.1% to £962m.

Business • 08 May 19

Grafton Group buys Dutch business Polvo for €131m

Builders merchant and DIY group Grafton Group has agreed a deal to buy Dutch firm Polvo from the privately owned Pallieter Group for €131m.

Business • 11 Apr 19

Grafton CEO Gavin Slark says the company continues to benefit from exposure to the fast growing Irish and Dutch markets

Any Brexit extension needs clear roadmap - Grafton CEO

Merchanting and DIY Group Grafton - the owner of brands such as Woodies and Chadwicks - has reported total revenue for the year of £2.95 billion, an increase of 9% on 2017.

Business • 28 Feb 19