Grafton Group trading update - the key points

The builders merchanting and DIY group reported a strong start to the year as revenue rose by 7.7%

9th May, 2017
3
Grafton Group runs the Woodies DIY chain Pic: RollingNews.ie

- Revenue rose by 7.7 per cent to £851 million (€1 billion) in the four months to April 30, a rise of five per cent in constant currency terms

- Grafton said this was due to "the reorientation of the customer base towards a lower volume, higher margin customer model"

- Its Woodie's DIY business reported revenue growth of 11.2 per cent as it experienced strong demand for seasonal outdoor products in April compared to a much weaker performance...

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