Grafton ahead in H1 but British market weaker

Brexit creates uncertainty as Irish growth picks up

12th July, 2016
Woodie's owner Grafton says Irish growth strong Pic: RollingNews.ie

Building materials group Grafton has said Britain's vote to leave the EU has created uncertainty about the near-term outlook and prospects for the country's economy.

Group revenue for the six months increased by 13.3 per cent to £1.23 billion. The increase was 11.7 per cent when currency movements were stripped out.

The company said its merchanting business in Ireland delivered strong growth as the economic recovery continued and the new housing market continued to recover from a...

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