Grafton closes sale of traditional merchanting business in Britain
Company plans to develop Selco branch network and other specialist businesses
Company plans to develop Selco branch network and other specialist businesses
Owner of the Woodie’s DIY brand in Ireland now expects to post operating profit of £265m-£270m
The deal, which is expected to close early in 2022, comes following strategic review
Slower UK recovery sees Grafton Group report 1.1% fall in underlying sales
Grafton Group’s merchanting arm in Republic performed well in first half of year
Builders’ merchant revenues grew 9% to €3.45bn in 2018, with pretax profit up 20%
Shares in builders merchanting and DIY group have surged more than 35% in 2017
Cantillon: Strong recovery in Ireland and Netherlands, but Brexit poses challenge to UK operation
Shares slide as much as 12 per cent as analysts prepare to cut forecasts for group
Company behind Woodie’s DIY chain saw revenue rise 6 per cent to £2.2 billion in 2015
Builders merchanting group reports strong growth in Ireland and is still forecasting full-year profit of £125.5m - £127.0m
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