Tuesday January 28, 2020

Grafton optimistic for 2020 after end-of-year boost

Business better than expected in November and December despite continued uncertainty in some key markets

14th January, 2020
Gavin Slark said the group was focused on keeping a tight rein on costs and driving efficiencies in Britain

Grafton Group, the Irish builders’ merchants and DIY group, expects a strong performance this year after an encouraging uptick in business in the final months of 2019.

In a trading update issued this morning, Grafton said business had been better than expected in November and December despite continued uncertainty in some key markets.

The group reported a 2.7 per cent increase in revenue to £2.67 billion (€3.12 billion) from its continuing operations in 2019.

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