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Grafton Group PLC (GFTU) is a publicly quoted building materials distributor operating in the UK, Ireland, Belgium, and the Netherlands. The business has established strong market positions in builders merchanting, mortar manufacturing, and DIY retailing on both regional and national levels. The Grafton’s business portfolio includes a number of famous market leading brands, such as the Woodies, Buildbase, Civils and Lintels, Plumbase, and Selco. It also runs a few businesses exclusively devoted to selling online. The Grafton Group share price is listed on the London Stock Exchange and included in the FTSE 250 Index.
In 1902, the company was founded by William Chadwick under the name Chadwicks (Dublin) Ltd. Ever since then it has been continuously growing. In 2018 alone, the company’s revenue was more than €2.95 billion.
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The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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