News | Latest Breaking News Stories & Headlines

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 completes sale of UK's Plumbase for £66.7m

Builders merchanting and DIY group Grafton said today that it had completed the sale of Plumbase, its UK plumbing and heating business.

Business • 02 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's chief executive Gavin Slark

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 reports revenue growth of 8.7% for 2018

Builders merchant and DIY group Grafton Group has reported revenues for 2018 of £2.72 billion, an increase of 8.7% on the previous year.

Business • 11 Jan 19

Woodies owner Grafton confident on its full year targets

Grafton Group confident on full year expectations

Builders merchant and DIY group Grafton has said its like-for-like revenue for the four months to the end of October rose by 5.5%.

Business • 13 Nov 18

Grafton Group CEO Gavin Slark said the company's Irish business continues to perform well

Grafton Group's half year revenues jump 8.6%

Building materials and DIY group Grafton said its revenue for the six months to the end of June jumped by 8.6% to £1.45 billion.

Business • 11 Jul 18

Grafton Group, which reports in sterling, saw revenues rise to £907m between January and April, despite Storm Emma impacting trade

Woodie's owner Grafton sees 7% revenue rise

The company that owns DIY and building chains including Woodie's and Chadwicks has reported a 7% rise in revenues in the first four months of 2018.

Business • 09 May 18

Grafton group CEO Gavin Slark said 2017 was a good year for the company

Grafton Group posts 35% increase in pre-tax profits

Builders merchant and DIY group Grafton generated record revenue of £2.7 billion last year, an increase of 9% on 2016.

Business • 01 Mar 18

Grafton Group's CEO Gavin Slark said the deal for Leyland SMD is an unique opportunity for the company

Grafton buys leading London DIY chain for £82.4m

Merchanting and DIY Group Grafton has bought Leyland SDM, London's largest independent specialist decorators' merchant for £82.4m.

Business • 19 Feb 18

Grafton Group's CEO Gavin Slark says the company is in a favourable position

Grafton's group revenues for 2017 up 8.8%

Builders merchant and DIY retailer Grafton Group has said it is benefiting from a surge in spending on construction and home improvements in Ireland.

Business • 11 Jan 18

Grafton chief executive Gavin Slark reports encouraging outcome for the first six months of the year

Grafton sees uncertainty in UK market

Grafton Group has reported a 9% rise in revenue for the six months to the end of June as its pre-tax profits rose by 16%.

Business • 31 Aug 17

Grafton Group CEO Gavin Slark cautious in the short term about its UK business

Grafton cautious about UK business in the short term

Grafton Group, the Irish headquartered builders merchant and DIY retailer, enjoyed a better first half than anticipated.

Business • 11 Jul 17

Mr Roney's appointment as Chairman of the building materials group was announced in March 2016

Mike Roney takes up Chairman role at Grafton group

Mike Roney has officially succeeded Michael Chadwick as Chairman of building materials group Grafton.

Business • 03 Jan 17

Grafton Group Chief Executive Gavin Slark said the company wanted to increase its exposure to the growing Dutch economy

Grafton acquires Dutch firm for undisclosed amount

Builders merchant and DIY retail group Grafton has acquired a Dutch company that specialises in distributing tools, fixings and ironmongery for an undisclosed sum.

Business • 18 Nov 16

Vincent Crowley appointed as Grafton Group non-executive director

Crowley and Murray appointed to Grafton board

Building materials group Grafton has appointed Vincent Crowley and Susan Murray as new non-executive directors on its board.

Business • 14 Oct 16

Grafton’s growth was broadly split between existing business and acquisitions, with strong contributions from Ireland

Double-digit revenue and profit growth for Grafton

Builders’ merchant and DIY retailer Grafton Group has reported double-digit growth in both revenue and profit over the first half of the year, despite what it calls uncertain and competitive market conditions in its largest market, the UK.

Business • 31 Aug 16

Management changes announced at building materials group Grafton

Grafton names new chairman to succeed Chadwick

Building materials group Grafton has said that Michael Chadwick will retire as non-executive chairman of the company and step down from its board at the end of the year.

Business • 31 Mar 16

Grafton said that its merchanting operations - which accounts for over 90% of group revenue - performed strongly last year

Grafton's full year revenues rise by 6.3%

Builders merchanting and DIY group, Grafton, has announced a 6.3% increase in group revenue in its preliminary results for 2015.

Business • 12 Jan 16

A pick up in building activity in Britain and Ireland has boosted Grafton Group's revenues

Grafton Group sees profits jump by 31%

Builders merchant Grafton Group has reported a £47m rise in its profit after tax for the first half of the year, up 31% on the same period of 2014.

Business • 27 Aug 15

Grafton's revenue for the ten months to October rose by 10.1% to £1.76 billion

Grafton's trading conditions remain 'favourable'

Grafton has said that trading conditions remained "favourable" in the four months to the end of October on the back of increased demand in Ireland and the UK.

Business • 13 Nov 14

Economic improvements in both Britain and Ireland helped push profits higher at the building supply firm

Grafton Group sees sharp rise in H1 profit

Building and DIY materials specialist Grafton Group has announced an 88% rise in pre-tax profit in the first six months of the year, with the company earning £45.9m during the period.

Business • 27 Aug 14

Grafton says that demand in its main markets has generally improved

Grafton reports positive start to 2014

Grafton Group, the builders merchant and DIY retailer, has said that group revenue for the four months to the end of April increased by 13.5% to £654m.

Business • 09 May 14

Company revenue was affected by sterling exchange rates

Grafton reports €68m profit in six months to June

Grafton Group has reported an operating profit of €68.4 million for the six months to the end of June.

Business • 28 Aug 13