Building materials company Grafton said today its trading in the first four months of the year had been in line with expectations.
"The group remains confident of continued growth in profits and earnings per share in 2005 and is well placed to participate in further consolidation of the Irish and UK merchanting markets," the firm said in its annual statement to shareholders.
Shares in Grafton were down 0.6 per cent at €8.80 by 12:25pm on a broadly flat Dublin market.