Friday February 21, 2020

Building materials: Analysts expect earnings increase at Grafton

Analysts are expecting positive signs when builders merchants and DIY company Grafton Group, owner of the Woodies chain, releases its interim results later this week.

24th August, 2013
Gavin Slark.

Analysts are expecting positive signs when builders merchants and DIY company Grafton Group, owner of the Woodies chain, releases its interim results later this week.

Analysts at Davy Stockbrokers said they expect Grafton's upcoming interim numbers to confirm that it is in ever-improving health.

Davy are currently forecasting that Grafton will increase earnings by over 25 per cent this year, due to a modest increase in underlying revenues in Britain and Ireland.

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