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Pin to quick picksGrafton Group Share News (GFTU)

Share Price Information for Grafton Group (GFTU)

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Share Price: 910.00
Bid: 911.60
Ask: 912.40
Change: 7.60 (0.84%)
Spread: 0.80 (0.088%)
Open: 877.00
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Grafton launches review of UK traditional merchanting businesses

Fri, 16th Apr 2021 07:56

(Alliance News) - Grafton Group PLC on Friday said it is mulling the potential sale of its UK traditional merchant businesses, as part of a strategic review.

The Dublin-based building materials distributor and DIY retailer said it has appointed Rothschild & Co to undertake the review, which is focused solely the Buildbase, Civils & Lintels, PDM Buildbase, The Timber Group, Bathroom Distribution Group and NDI businesses.

No other businesses in the group form part of the strategic review, it stressed.

The review "may or may not" result in the sale of some, or all, of the businesses, Grafton added.

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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23 Feb 2023 15:54

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Copyright 2023 Alliance News Ltd. All Rights Reserved. 

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11 Jan 2023 11:00

Grafton 2022 revenue grows, led by Ireland and Netherlands as UK lags

(Alliance News) - Grafton Group PLC on Wednesday said revenue in 2022 was higher than in 2021 and up 40% from pre-pandemic 2019, as it noted favourable trends in Ireland and the Netherlands but a slowdown in the UK.

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11 Jan 2023 07:58

Grafton FY to beat estimates as revenues surge

(Sharecast News) - Builders merchant Grafton said it expected annual profit to beat analysts' forecasts after a 9% rise in revenues during 2022.

Read more
16 Nov 2022 15:29

DIRECTOR DEALINGS: Darktrace CTO and outgoing Grafton CEO sell shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced in the past week and not separately reported by Alliance News:

Read more
16 Nov 2022 09:26

LONDON BROKER RATINGS: Berenberg raises Kainos to 'buy' from 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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10 Nov 2022 17:01

LONDON MARKET CLOSE: Cooling US inflation triggers risk-on rally

(Alliance News) - Equities in Europe were celebrating a cooler-than-expected US CPI print on Thursday, which gave rise to hopes that peak inflation in the US has passed.

Read more
10 Nov 2022 12:19

LONDON MARKET MIDDAY: London lacks direction ahead of US inflation

(Alliance News) - Stocks in London were mixed at midday on Thursday, as guidance lifts from the likes Centrica and National Grid failed to boost the FTSE 100 into the green.

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10 Nov 2022 10:58

Selco owner Grafton announces GBP100 million buyback, backs outlook

(Alliance News) - Grafton Group PLC on Thursday backed yearly guidance and unveiled a new share buyback.

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10 Nov 2022 07:53

Grafton launches another share buyback, backs FY profit expectations

(Sharecast News) - Building materials distributor and DIY retailer Grafton announced another share buyback programme on Thursday as it backed its expectations for full-year operating profit and posted a rise in revenue.

Read more
10 Nov 2022 07:53

Grafton announces another share buyback, backs FY profit expectations

(Sharecast News) - Building materials distributor and DIY retailer Grafton announced another share buyback programme on Thursday as it backed its expectations for full-year operating profit and posted a rise in revenue.

Read more
3 Nov 2022 15:47

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Apax Global Alpha LtdFull Year Results
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Copyright 2022 Alliance News Limited. All Rights Reserved.

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28 Oct 2022 08:20

IN BRIEF: Grafton hires former Swissport and Wincanton head as new CEO

Grafton Group PLC - Dublin-based building materials firm - Hires Eric Born to be chief executive officer. Born joins on November 28 and will replace Gavin Slark after he departs as CEO on December 31. Slark is moving to fellow construction products firm SIG PLC to be its new CEO, having held the role at Grafton for 11 years. Born is a Swiss national who was CEO of aviation services provider Swissport International AG for five years. Prior to Swissport, he was CEO of UK logistics firm Wincanton PLC. "Eric Born is a very experienced CEO and business leader with a proven track record of creating shareholder value in publicly listed and private equity owned national and international businesses of scale in the retail, logistics and aviation services sectors," says Grafton Chair Michael Roney.

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28 Oct 2022 07:16

Grafton appoints Eric Born as CEO

(Sharecast News) - Building materials distributor Grafton has appointed Eric Born as its new chief executive officer.

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7 Oct 2022 17:32

DIRECTOR DEALINGS: Aviva CEO tops up stake in insurer, buys BP shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on since September 30 and not separately reported by Alliance News:

Read more
8 Sep 2022 16:41

SIG appoints Grafton boss Gavin Slark as CEO

(Sharecast News) - Insulation and roofing supplier SIG said on Thursday that Grafton boss Gavin Slark will succeed Steve Francis as chief executive on 1 February 2023.

Read more

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