Grafton trades in line with FY expectations despite 'challenging macro backdrop'
14th Jan 2025 09:29
(Sharecast News) - Builders' merchant Grafton said on Tuesday that its 2024 trading performance was in line with expectations despite a "challenging macro backdrop" in certain markets, particularly the UK and Finland.
Read moreLondon close: Stocks mixed as Chancellor unveils tax hikes
30th Oct 2024 14:57
(Sharecast News) - London stocks saw mixed results on Wednesday as investors weighed the impact of the £40bn worth of tax rises announced by Rachel Reeves in her first Budget as Chancellor.
Read moreGrafton takes over Spanish HVAC firm Salvador Escoda
30th Oct 2024 14:37
(Sharecast News) - Building materials distributor and retailer Grafton Group announced on Wednesday that it had completed the acquisition of Salvador Escoda, one of Spain's biggest HVAC distributors, for a maximum consideration of €132m.
Read moreFTSE 250 movers: Grafton rises on acquisition, Hochschild in the red
30th Oct 2024 14:29
(Sharecast News) - The FTSE 250 was trading more than 1% higher on Wednesday afternoon, with the gains driven by updates from a number of companies earlier in the session.
Read moreLondon close: Stocks mixed as investors digest US inflation reading
30th Aug 2024 15:05
(Sharecast News) - London markets ended Friday with mixed results as investors assessed a series of economic data from the UK and the US.
Read moreBerenberg hikes target price on Grafton
30th Aug 2024 08:01
(Sharecast News) - Analysts at Berenberg hiked their target price on building materials company Grafton from 1,100.0p to 1,200.0p on Friday, citing an "attractive opportunity".
Read moreLondon close: Stocks rise as investors look to US data
10th Jul 2024 15:01
(Sharecast News) - London stocks closed on a positive note Wednesday, buoyed by robust performances in the airline sector and growing investor attention towards key economic events in the United States, although the top-flight index remained near recent lows.
Read moreGrafton revenues fall amid 'challenging' market
10th Jul 2024 07:48
(Sharecast News) - Building and DIY supplies group Grafton said revenue fell 4.4% in the first six months of the year amid challenging trading conditions as consumers held back on discretionary spending.
Read moreGrafton revenues fall amid market weakness
2nd May 2024 08:42
(Sharecast News) - Grafton Group reported a 5% decrease in year-to-date revenue in an update on Thursday, to £669.2m for the period from 1 January to 21 April, with a 3.3% decline in constant currency.
Read moreGrafton 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.
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