Grafton Group tops expectations despite some market weakness
7th Mar 2024 09:53
(Sharecast News) - Grafton Group reported a strong set of final results on Thursday, with the building materials distributor announcing a full-year adjusted operating profit of £205.5m, surpassing analysts' expectations.
Read moreLondon close: Stocks rise as UK inflation holds steady
14th Feb 2024 15:23
(Sharecast News) - London markets ended the day on a positive note on Wednesday as housebuilders rallied, following data indicating that UK inflation remained steady in January.
Read moreGrafton appoints Ian Tyler as next chairman
17th Jan 2024 15:09
(Sharecast News) - Grafton said on Wednesday that it has appointed Ian Tyler as its next chairman, with effect from 1 March.
Read moreGrafton sees FY profit slightly above top end of analysts' range
11th Jan 2024 08:14
(Sharecast News) - Building materials group Grafton said on Thursday that full-year adjusted operating profit was set to be slightly ahead of the top end of analysts' forecasts of £194m to £201m following a "resilient" performance.
Read moreLondon close: Stocks firmer as US payrolls beat forecasts
8th Dec 2023 17:42
(Sharecast News) - London's financial markets closed positively on Friday as investors digested the latest non-farm payrolls report out of the United States.
Read moreGrafton on track to meet FY profit expectations
14th Nov 2023 09:04
(Sharecast News) - Building materials distributor and DIY retailer Grafton said on Tuesday that it was on track to deliver full-year operating profit in line with expectations, as it reported an uptick in revenue despite "slightly softer than anticipated" market conditions in September and October.
Read moreGrafton buys Rooneys Homevalue for undisclosed sum
14th Sep 2023 07:20
(Sharecast News) - Building materials distributor and DIY retailer Grafton Group said its Chadwicks unit was buying Rooneys Homevalue for an undisclosed sum.
Read moreUK construction tough but buying opportunities exist, says Berenberg
4th Sep 2023 08:03
(Sharecast News) - Broker Berenberg expects the UK construction market to flatline in 2024 before returning to growth, and highlighted a number of key buying opportunities for investors.
Read moreGrafton profits fall in tough market; unveils £50m buyback
31st Aug 2023 07:02
(Sharecast News) - Building materials supplier Grafton on Thursday reported a 29% fall in half-year profits amid a challenging market, but still lifted its dividend and announced a new £50m share buyback.
Read moreGrafton holds guidance as H1 sales rise 3.2% despite lower volumes
12th Jul 2023 07:03
(Sharecast News) - International building materials distributor and DIY retailer Grafton Group held annual guidance as first-half revenues rose 3.2% despite the cost-of-living crisis hitting volumes.
Read moreGrafton backs FY operating profit guidance, plans £50m share buyback
4th May 2023 08:31
(Sharecast News) - Building materials distributor and DIY retailer Grafton announced plans for a third share buyback programme of up to £50m on Thursday as it maintained its full-year operating profit guidance and said first-quarter trading was in line with expectations.
Read moreGrafton FY profits up slightly, warns on cooler DIY, housing markets
2nd Mar 2023 08:13
(Sharecast News) - Builders merchant and DIY retailer Grafton reported a slight rise in full-year profit as consumers started to cut back on spending and the boom in home improvement projects during the Covid pandemic tapered off.
Read moreGrafton FY to beat estimates as revenues surge
11th Jan 2023 07:58
(Sharecast News) - Builders merchant Grafton said it expected annual profit to beat analysts' forecasts after a 9% rise in revenues during 2022.
Read moreGrafton announces another share buyback, backs FY profit expectations
10th Nov 2022 07:53
(Sharecast News) - Building materials distributor and DIY retailer Grafton announced another share buyback programme on Thursday as it backed its expectations for full-year operating profit and posted a rise in revenue.
Read moreGrafton launches another share buyback, backs FY profit expectations
10th Nov 2022 07:53
(Sharecast News) - Building materials distributor and DIY retailer Grafton announced another share buyback programme on Thursday as it backed its expectations for full-year operating profit and posted a rise in revenue.
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