Building supplier and DIY firm sees margins squeezed as consumers pull back
Grafton
Strategic Power Projects wanted to develop an anaerobic digestion plant on a site outside Tullamore
Irish businesses buoy company as UK market sees tougher conditions.
New Swiss CEO of Grafton has narrowed group’s geographic focus for deals but opened out the search for the type of businesses being targeted
DIY chain reports 3.2% increase in half-year revenue to £1.19bn (€1.4bn), ‘with 60% of revenue generated in Ireland, the Netherlands and Finland’
Top 1000: Shuffling of desks at the top of major players in both the public and private sectors
Grafton Group, the international building materials distributor and DIY retailer, announced its intention earlier this month
Strong tech results ease Wall Street concerns about lenders
DIY retailer and building materials distributor completes £93.3m share buyback programme
Company has now repurchased a total of €219m in shares since May last year
Consumer spending hit as macroeconomic environment dents confidence
Grafton fears impact on outlet with garden centre and parking in Swords
Group average daily like-for-like revenue showed growth of 2.6% in the final two months of 2022
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