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 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’
Commercial Property Iroko ZEN snaps up Waterford Woodie’s site for €9.8 millionAcquisition is French investor’s fifth of the year and comes with a 25-year term expiring in June 2032
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 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
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
Design Create a winter wonderland with Woodies’ seasonal collectionsWith early-season discounts and a range of decorations from artificial trees to nutcrackers, the DIY store has your Christmas covered
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 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
Gardening Woodie’s helping imaginations to Bloom this summerThe DIY giant’s gardening expert Brian Burke has designed the Seomra Eile garden, which looks likely to be one of the most eye-catching attractions at Bloom in the Park 2022