Thursday June 4, 2020

Grafton building a 'moat' against risks

The head of the group behind Woodie’s has worked to insulate his businesses from Brexit, but feels it will all come down to consumer confidence

Barry J Whyte

Chief Feature Writer

26th August, 2018
Gavin Slark, chief executive of the Grafton Group: ‘The last time Ireland built 30,000 houses was 1994’

The chief executive of Grafton Group, Gavin Slark, believes he has built “a moat” around the company to protect it against substantial macro-economic risks from Ireland, Britain and interest rates.

Slark also told The Sunday Business Post that he believes that Ireland hasn’t seen a normal housing market in around 25 years, but that the gradual growth in the market was preferable to a surge of unsustainable Celtic Tiger-type building.

“It’s a...

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