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Grafton Group PLC (GFTU_u.L)

GFTU_u.L on London Stock Exchange

872.50GBp
24 May 2019
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Latest Key Developments (Source: Significant Developments)

Grafton Group Revenue For Four Months Increased By 6.1 Pct To 962 Mln Stg
Wednesday, 8 May 2019 

May 8 (Reuters) - Grafton Group PLC ::TRADING UPDATE.GROUP REVENUE FOR FOUR MONTHS TO 30 APRIL INCREASED BY 6.1 PER CENT TO £962 MILLION.GROUP LIKE-FOR-LIKE REVENUE INCREASED BY 6.4 PER CENT. FOR FOUR MONTHS TO 30 APRIL.  Full Article

Grafton Group To Acquire Polvo BV For 131 Mln Euros
Thursday, 11 Apr 2019 

April 11 (Reuters) - Grafton Group PLC ::GRAFTON GROUP PLC - ACQUISITION.GRAFTON GROUP PLC - AGREEMENT TO ACQUIRE POLVO BV.GRAFTON GROUP PLC - DEAL FOR EUR 131 MILLION ON A DEBT AND CASH FREE BASIS..GRAFTON GROUP PLC - CONDITIONALLY AGREED TO ACQUIRE POLVO BV FROM PRIVATELY OWNED PALLIETER GROUP.GRAFTON GROUP PLC - AGREEMENT TO ACQUIRE POLVO BV COMBINED DUTCH BUSINESSES TO HAVE OVER EUR 300M REVENUE FROM 113 BRANCHES.  Full Article

Grafton H1 revenue up 9 pct with growth in all segments
Wednesday, 22 Aug 2018 

Aug 22 (Reuters) - Grafton Group PLC ::GRAFTON GROUP - REVENUE FOR SIX MONTHS TO JUNE 30 UP 9 PERCENT TO 1.45 BILLION POUNDS.GRAFTON GROUP - ADJUSTED OPERATING PROFIT BEFORE PROPERTY PROFIT UP 14 PERCENT TO 88.0 MILLION POUNDS.GRAFTON GROUP - OPERATING MARGIN FOR SIX MONTHS TO JUNE 30 INCREASED BY 50 BASIS POINTS TO 6.4 PERCENT.GRAFTON GROUP - RETURN ON CAPITAL EMPLOYED INCREASED BY 80 BASIS POINTS TO 14.0 PERCENT.GRAFTON GROUP - CASH FLOW FROM OPERATIONS FOR SIX MONTHS TO JUNE 30 109.7 MILLION POUNDS.GRAFTON GROUP - DIVIDEND INCREASED BY 14.3 PERCENT TO 6 PENCE STERLING FROM 5.25 PENCE.GRAFTON GROUP - OVERALL CONDITIONS IN THE UK TO REMAIN RELATIVELY FLAT FOR REMAINDER OF YEAR.GRAFTON GROUP - COMPETITIVE PRESSURE ON PRICING IN UK CONTINUING.GRAFTON GROUP - H1 OUTCOME LEAVES GROUP WELL PLACED TO MEET FULL YEAR EXPECTATIONS.  Full Article

INTERVIEW-Grafton has balance sheet strength for more deals-CEO
Thursday, 1 Mar 2018 

March 1 (Reuters) - Grafton Group Plc ::GRAFTON CEO SAYS BALANCE SHEET STRENGTH GIVES OPTION OF ORGANIC GROWTH OR ACQUISITIONS, NOT HAMSTRUNG BY GEOGRAPHIC BOUNDRIES.GRAFTON CEO SAYS LOOKING FOR GOOD QUALITY, HIGHER MARGIN BUSINESSES, NOT INTERESTED IN A TURNAROUND.GRAFTON CEO SAYS WORKING HARD WITH PROCUREMENT TEAMS AND PRICING TEAMS IN UK TO MOVE INPUT COSTS THROUGH.GRAFTON CEO SAYS IRISH GROWTH WILL MODERATE AFTER FOUR YEARS OF DOUBLE DIGIT LIKE-FOR-LIKE GROWTH.  Full Article

Grafton Group ‍Acquired Entire Issued Share Capital Of LSDM Limited
Monday, 19 Feb 2018 

Feb 19 (Reuters) - Grafton Group Plc ::‍ACQUIRED ENTIRE ISSUED SHARE CAPITAL OF LSDM LIMITED.‍TOTAL CONSIDERATION PAYABLE BY GROUP IS £82.4 MILLION ON A DEBT-FREE, CASH-FREE BASIS​.‍ACQUISITION WILL BE FUNDED FROM GROUP'S CASH AND DEBT FACILITIES​.  Full Article

Grafton Group ‍2017 group revenue rose by 8.8 pct to 2.7 bln pounds
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Grafton Group Plc ::‍2017 GROUP REVENUE INCREASED BY 8.8 PER CENT TO £2.7 BILLION​.2017 GROWTH IN CONSTANT CURRENCY WAS 6.8 PERCENT AND AVERAGE DAILY LIKE-FOR-LIKE REVENUE INCREASED BY 5.7 PERCENT​.  Full Article

Grafton says ‍group revenue for ten months to Oct 31 was 2.30 bln pounds​
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - GRAFTON GROUP PLC ::‍GROUP REVENUE FOR TEN MONTHS TO OCT 31 WAS £2.30 BILLION, UP 9.1 PERCENT ON REVENUE OF £2.11 BILLION IN CORRESPONDING PERIOD IN 2016​.  Full Article

Grafton Group H1 adjusted operating profit up 19 pct
Thursday, 31 Aug 2017 

Aug 31 (Reuters) - Grafton Group Plc :Grafton Group - H1 adjusted operating profit before property profit up 19 percent to 77 million pounds.Grafton Group - net debt declined to 80.2 million pounds from 95.7 million eur year ago, strong cash generation.Grafton Group - 11 percent increase in dividend to 5.25 pence sterling in line with progressive dividend policy.Grafton Group - UK merchanting business increased profit and performed well through the half year.Grafton - recent softer trends in UK likely to be sustained in 2017, opening of branches reflects medium term confidence.Grafton Group - average daily like-for-like revenue growth from 1 July to 27 Aug 6.5 percent.Grafton Group - encouraging outcome leaves us well placed to deliver our full year expectations.  Full Article

Grafton sees uncertainty in UK to 2019 but fundamentals remaining
Thursday, 31 Aug 2017 

Aug 31 (Reuters) - Grafton Group Plc :Grafton Group CEO says sees uncertainty in UK remaining until 2019 but fundamentals of repair, maintanace market remain.  Full Article

Grafton Group says H1 trading better than anticipated
Tuesday, 11 Jul 2017 

July 11 (Reuters) - Grafton Group Plc :Group revenue increased by 9.0 percent to £1.34 billion in H1 (up 6.2 per cent in constant currency; up 5.7 percent like-for-like).Says group performed "strongly in the half year with the benefit of broadly positive market segment conditions and good strategic positioning in key markets".CEO says "pleased with the Group's first half trading performance which was better than we anticipated and provides a good platform for the full year.".CEO says 'whilst we remain optimistic on medium term outlook for UK, we are cautious about shorter term impact of current uncertainty and pressure on real incomes'.merchanting business in Ireland 'outperformed a recovering market'.Netherlands merchanting business performed strongly against the backdrop of good growth in the Dutch economy.  Full Article

Ex-divs to take 21.7 points off FTSE 100 on March 7

LONDON, March 4 The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market-makers would take 21.7 points off the index. COMPANY (RIC) DIVIDEND STOCK OPTION IMPACT (pence) B