Grafton says first-half pre-tax profit rises by 8% to £62.8 million

The company warned of a challenging backdrop in the UK merchanting market

31st August, 2016
Grafton reported strong growth in its Irish operations, which include the Woodies chain of DIY stores

Grafton Group has reported an eight per cent rise in first-half pre-tax profit to £62.8 million (€73.6 million) as revenue grew by 13 per cent to £1.23 billion with growth broadly split between exiting business and acquisitions.

"Despite the more uncertain and competitive market conditions in the UK, Grafton continued to make good progress in its key markets enabling the group to record revenue, profit and earnings per...

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