Grafton ‘resilient’ as profits drop in half year results

Sep 3, 2024 · Revenue for the six months to 30 June 2024 was £1.14 billion, down 4.4 per cent from £1.2 billion in the same period in the previous year.. The group generated a pretax profit of £71.7 million, a 23.4 per cent reduction from HY2023 (£93.6 million).. Meanwhile, group …

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Grafton ‘resilient’ As Profits Drop In Half Year Results

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constructionwave.co.uk

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Half Year Report For The Six Months Ended 30 June 2023

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Jun 30, 2023 · The Group realised a property profit of £1.1 million (2022: £18.5 million) in the half year. This related to the disposal of one property that generated cash proceeds of £1.3 million …

graftonplc.com

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Half-year Report | Company Announcement | Investegate

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Aug 29, 2024 · Adjusted operating profit of £83.1 million was down from £105.1 million last year. This result for the half year included property profit of £Nil (H1 2023: £1.1 million). Adjusted …

investegate.co.uk

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Grafton Group Reports Lower Half Year Profits And Revenues - RTÉ

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Aug 29, 2024 · Grafton said it half year revenue fell by 4.4% to £1.137 billion from £1.189 billion the same time last year, while its profit before tax dropped by 23.4% to £71.7m from £93.6m.

rte.ie

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Woodie's Owner Grafton Group "resilient" As Profits Drop 30% In H1

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Aug 31, 2023 · Grafton Group has reported a 29.3% decline in profit before tax for the first half of the year despite its Woodie's DIY, Home and Garden retail business performing "strongly". …

businessplus.ie

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Grafton Group's Half Year Pre-tax Profits Fall - RTÉ

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Aug 31, 2023 · Grafton Group's half year profits fall, new buyback programme announced ... The builders materials and DIY group said its half year revenues rose by 3.2% to £1.189 billion …

rte.ie

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Grafton Group Sales Decline 2.7% In 2024 Amid Weak UK And …

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1 day ago · Grafton Group said its like-for-like revenues declined by 2.7 per cent last year, with sales in the UK and Finland hit by economic weakness as its Woodie’s and Chadwicks …

irishtimes.com

FAQs about Grafton ‘resilient’ as profits drop in half year results Coupon?

How resilient is Grafton Group plc?

UK builders merchants Grafton Group PLC remains resilient despite a drop in revenue and profits in its latest half year results. Eric Born, Grafton chief executive. Credit: Grafton Group PLC Revenue for the six months to 30 June 2024 was £1.14 billion, down 4.4 per cent from £1.2 billion in the same period in the previous year. ...

How did Grafton Group plc perform in 2024?

Eric Born, Grafton chief executive. Credit: Grafton Group PLC Revenue for the six months to 30 June 2024 was £1.14 billion, down 4.4 per cent from £1.2 billion in the same period in the previous year. The group generated a pretax profit of £71.7 million, a 23.4 per cent reduction from HY2023 (£93.6 million). ...

Why did Grafton reduce its operating profit?

Grafton cited weaker market conditions outside the Group’s home market in Ireland as a contributor to its reduced operating profit. Moreover, the company’s basic earnings per share were down 19.9 per cent to 28.4p from 34.2p. ...

Why is Grafton Group cutting jobs this year?

Grafton Group is set to continue cutting jobs this year after profits sank by more than fifth in the first half amid weakness in the UK property market. ...

What happened to Grafton Group?

Photograph: Alan Betson Grafton Group said its like-for-like revenues declined by 2.7 per cent last year, with sales in the UK and Finland hit by economic weakness as its Woodie’s and Chadwicks businesses in Ireland stood out as a bright spot. ...

Does Grafton Group write articles to promote products?

We do not write articles to promote products. We do not allow any commercial relationship to affect our editorial independence. Builders' merchant owner Grafton Group is set to continue cutting jobs this year after profits sank in the first half amid weakness in the UK property market. ...