Both sales and profits were better than expected in the two months to 31 December 2020 at builders merchant chain Grafton Group. The group announced this morning (January 12) that average daily like-for-like revenue was up by 7.2 per cent, with total revenue for the period ahead by 10.8 per cent …
Read More »Bradfords opens new Glastonbury branch
Indepdent builders merchant group Bradford Building Supplies has opened a new branch in Glastonbury, which includes one of the first Sustainable Home Centre showrooms in the UK. The in-branch Sustainable Home Centre has been created in collaboration with Renewable Equipment Solutions (RES), a local Somerset provider of sustainable energy efficient …
Read More »Faster house-building boosts UK construction growth in December – PMI
Britain’s construction sector extended its robust recovery from earlier COVID lockdown restrictions in December, a survey showed on Thursday, helping the broader private-sector economy eke out modest growth. Housing was the biggest driver of construction growth, reflecting the boost to builders’ confidence from a surge in prices and property purchases …
Read More »UK’s Barratt benefits as housing market rises from COVID-19 lows
Britain’s biggest housebuilder Barratt Developments raised its annual volume forecast on Friday and said it could resume dividend payments next month, after a rebound in demand from COVID-19 disruption drove a solid first-half performance. Shares in the FTSE 100 company, which operates in England, Scotland and Wales, rose by as …
Read More »Merchant industry speakers confirmed for BMF All-Industry Conference Forum
The BMF has announced the final lineup of speakers for the popular Industry Forum session at the 2021 All Industry Conference, taking place in Harrogate in June. Nick Roberts, CEO of Travis Perkins plc and Paul Bence, MD of George Bence Group complete the four-person panel and will each present …
Read More »Permaroof Give Back to Charity Close to its Heart
River Mai Bishop, the granddaughter of Permagroup managing director Adrian Buttress, presents a donation of £2,000 to Heart Link Children’s Charity Permaroof, part of Permagroup, has presented a cheque for £2,000 to its partner charity, Heart Link, in aid of its 20th birthday celebrations. The regional children’s charity provided support …
Read More »Ideal Bathrooms partners with Aquadart
Ideal Bathrooms is strengthening its shower enclosure offering for 2021 after being appointed national distributor for Aquadart. The enclosure range from Aquadart offers a wide variety of products, including the unique, showroom protected Asino and Onisa collections, at a competitive retail price and present enhanced terms for displaying retailers. Danielle …
Read More »Stark Group welcome CVC Capital Partners Fund
CVC Capital Partners Fund VII has signed an agreement to acquire 100% of STARK Group, a leading distributor of heavy building materials in Northern Europe. STARK Group has grown rapidly in recent years through successful acquisitions and organic growth with a strategic focus on being a trusted partner bringing scale …
Read More »Timber imports continue strong market recovery
The Timber Trade Federation (TTF) monthly report reveals total import volumes for main timber and panel products were 21 percent higher in October 2020 compared to October 2019 levels, as import volumes in the month soared above the 1 million m3 mark. However, even this strong performance cannot compensate for …
Read More »Buildbase adds support for non-league football clubs
Builders merchant chain Buildbase has launched its Community Club Award for non-league football clubs that have gone above and beyond to support their local community through the pandemic. Two top prizes of £25,000 worth of building materials will go to the clubs that can best demonstrate support for their community …
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