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Grafton Group to sell Belgium division as interims rise 5%
30th Aug 2019 07:06
(Sharecast News) - Half year pre-tax profits at builders merchant Grafton rose 5% to £88.2m as the company said it was selling its Belgian business to an unnamed buyer.
Revenue rose 2% to £1.4bn despite Brexit uncertainty in the UK as Ireland and the Netherlands both recorded strong results.
The company warned it expected the UK and Irish macro economic environment to weaken in the short term if Britain left the European Union without a deal.
Revenue rose 2% to £1.4bn despite Brexit uncertainty in the UK as Ireland and the Netherlands both recorded strong results.
The company warned it expected the UK and Irish macro economic environment to weaken in the short term if Britain left the European Union without a deal.