Stock Take Grafton Group gets ready to flex its M&A musclesThe owner of Woodie’s and Chadwick’s potentially has more than £750m to shell out on acquisitions – but the question is, can it make these deals work?
Companies Woodies parent company Grafton Group looks to deploy firepower on acquisition huntEric Born, chief executive of the building materials company, said he was focused on becoming the number one or two provider in other European countries
Companies Grafton Group reports further fall in profitsPre-tax profits at the Woodie’s-parent firm sank by 27 per cent last year amid ‘challenging marketing conditions’
Markets Markets wrap: DCC deal lifts shares as ISEQ climbs ahead of US inflation report DCC has purchase Germany’s Progas.
Companies Woodies and Chadwicks parent Grafton Group ‘on track’ despite weaker trading Chief executive Eric Born said that a strong focus on cost management had mitigated the impacts of lower trading
Companies Lack of climate targets among reasons 21% of investors voted against chair - Grafton GroupWoodies-owner launched consultation after shareholders voted not to to re-elect Michael Roney in May
Companies Grafton Group eyes £750m M&A spend over the coming years The building materials and merchant company that owns Chadwick’s and Woodies reported revenue of £1.19 billion in the first six months of this year.
Companies Profit declines at Grafton Group amid ‘challenging conditions’The group has announced a share buyback of up to £50 million
The Week Ahead The Week Ahead: Chinese economy to be put to the test in August PMIThe Business Post looks ahead to key events in the world of business over the next seven days
Markets Investors hope Grafton Group can unlock an £880m M&A war chestShareholders in the listed building materials company want to see a renewed strategic vision under new chief executive Eric Born
Companies Woodie’s owner forecasting profits over £200m for 2023 Grafton Group delivered ‘resilient’ first half performance, with full year revenues set to increase to £1.2 billion
Finance Woodie’s owner announces new £50 million share buybackThe purpose of the buyback is to reduce the share capital of Grafton Group
Construction Building inflation helps Irish business become most profitable for Grafton GroupThe firm, which owns the Woodie’s chain, said there is a return to more “normal” spending on DIY goods
Company Watch Grafton Group trading profit ahead of analysts’ expectationsRevenue increased by 9.1 per cent to £2.30 billion in 2022 from £2.11 billion the previous year
Companies Grafton Group sees decline in revenue from Woodie’s business as pandemic gains reverse Revenue trends continued to be favourable in the distribution businesses in Ireland and the Netherlands, however
Markets Grafton Group remains on track for operating profit of €300 millionThe company, which owns the Woodie’s DIY chain, also announced a share buyback of up to £100 million
Company Watch Grafton Group chief wary of inflation impact on home spendThe parent company of Woodie’s and Chadwick’s reported a fall of 7 per cent in its first-half adjusted operating profit on the same period last year
Companies Grafton Group reports 12% half-year revenue increase Operating profit at hardware giant down 7% but company expected small decline amid ‘normalisation of activity’
Companies Analysts to review next year’s forecasts for Grafton GroupThe hardware business’s revenue for the first half of 2022 is up but the general macro-economic situation is uncertain, according to Davy Stockbrokers
Companies Gavin Slark to step down as chief executive of Woodie’s ownerSlark led the company for 11 years and will continue in his roles as CEO and board director until leaving at the end of 2022