Grafton lifts profit forecasts after strong first half

8th Jul 2021 07:38

(Sharecast News) - Building materials distributor Grafton on Thursday lifted annual profit forecasts after a better-than-expected first half drove an increase in revenues.

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Grafton Group completes acquisition of Finland's IKH

2nd Jul 2021 09:14

(Sharecast News) - Building materials distributor and DIY retailer Grafton Group announced on Friday that it has completed the acquisition of Isojoen Konehalli and Jokapaikka (IKH).

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London pre-open: Stocks set for higher start ahead of US jobs report

2nd Jul 2021 07:13

(Sharecast News) - Stocks are being called to start the session higher ahead of the release of the monthly US non-farm payrolls report.

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Grafton to sell traditional merchanting business for £520m

1st Jul 2021 07:48

(Sharecast News) - Building materials distributor and DIY retailer Grafton said on Thursday that it has agreed to sell its traditional merchanting business in Great Britain to independent builders' merchant Huws Gray for £520m.

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Monday broker round-up

28th Jun 2021 13:28

(Sharecast News) - St James Place: HSBC downgrades to hold with a target price of 1,525p.

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Wednesday broker round-up

23rd Jun 2021 13:04

(Sharecast News) - Hunting: JP Morgan upgrades overweight with a target price of 290p.

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Tuesday broker round-up

22nd Jun 2021 12:49

(Sharecast News) - United Utilities: Deutsche Bank downgrades to hold with a target price of 1,050p.

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Grafton buys Finland's IKH for €199m

22nd Jun 2021 07:21

(Sharecast News) - Building materials distributor and DIY retailer Grafton said it had bought Finland's family-owned IKH for €199.3m in cash.

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Tuesday broker round-up

11th May 2021 13:31

(Sharecast News) - Safestore: Liberum upgrades to buy with a target price of 1,060p.

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Canaccord Genuity downgrades Grafton to 'hold'

29th Apr 2021 13:39

(Sharecast News) - Analysts at Canaccord Genuity downgraded business services firm Grafton from 'buy' to 'hold' on Thursday, stating there was now a "less compelling" risk/reward scenario as a result of the group's share price approaching record highs.

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Thursday broker round-up

29th Apr 2021 13:13

(Sharecast News) - Grafton Group: Canaccord downgrades to hold with a target price of 1,235.0p.

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Grafton lifts guidance as revenues rise in March, April

28th Apr 2021 08:03

(Sharecast News) - UK and Ireland builders merchant and DIY retailer Grafton Group raised full year profit forecasts after better-than-expected revenues during March and April.

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Grafton considers sale of traditional UK merchanting businesses

16th Apr 2021 07:54

(Sharecast News) - Building materials distributor Grafton said on Friday that it could sell some or all of its traditional merchanting businesses in the UK.

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Friday broker round-up

26th Mar 2021 13:40

(Sharecast News) - Ocado Group: Berenberg downgrades to hold with a target price of 2,390p.

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Monday broker round-up

1st Mar 2021 13:43

(Sharecast News) - Pennon Group: Barclays upgrades to overweight with a target price of 1,060p.

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