The company’s operating profit was in line with the group’s expectations in the period to the end of October.
Gavin Slark, Chief Executive Officer, commented:
“We are pleased to report that all geographies contributed to strong growth in revenue and double digit growth in profits and earnings per share in the first half. This encouraging outcome leaves us well placed to deliver our full year expectations.”
Earlier Grafton Group increased revenues by 13.3% in January-June 2016.
In the ten months period to October 31, 2016, Grafton increased revenues to GBP 2.11 billion
Other wood business-related companies 2Q2017 reporting schedules are available at the following link.
About Grafton Group plc:
The company is focused on merchanting, DIY retailing and Mortar Manufacturing markets in Britain, Ireland, Belgium and the Netherlands. In 2014 it generated more than GBP 2 billion revenues.