Tag Archives: grafton

Grafton Group publishes 2022 financial results

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Grafton had a successful year and is reporting a strong financial result ahead of market expectations.  Despite macro-economic challenges in its markets, the Group continued to perform well with operating profit close to last year’s record result against a less favourable market backdrop. Operational Highlights        Excellent performance in distribution businesses …

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Football legend Pearce opens Leyland store

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England football legend Stuart Pearce has cut the ribbon on a new decorators’ merchant store in Hammersmith. Pearce, who represented England 78 times including nine as captain, was the star attraction as Leyland SDM opened the store at 137-139 King Street. It is Leyland SDM’s 33rd store. Leyland SDM has …

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Gavin Slark to take up SIG CEO role

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The outgoing CEO of Grafton Group, Gavin Slark, is to take over as CEO of building distribution giant SIG from February 1 2023. Slark, who is announced his departure from Grafton in July, is stepping down at the end of this year after 11 years in the post. Steve Francis, …

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Grafton Group positive about half year results

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Builders merchant group Grafton Group plc is expecting to stick to its initial full year operating profit expectations, after a good trading performance in the half-year to June 30 2022. That’s according to a trading update which showed total revenue up by 13.9% in constant currency.  Average daily like-for-like revenue growth …

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Grafton sees record performance in ‘transformational year’

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International building materials distributor and DIY retailer Grafton Group plc has posted a 25% increase in revenue and a 68% increase in operating profit for the year ended 31 December 2021. Revenue across the group was £2.1bn, with operating profits at £288.0m Following the sale of the Group’s Traditional Merchanting …

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Grafton and Huws Gray complete the merchant deal

Six months after the shock announcement that merchant group Huws Gray had bought the traditional merchanting businesses of Grafton Group in Great Britain, the latter has announced that the divestment went through fully on December 31 2021. The acquisition of the Grafton businesses doubled the number of Huws Gray branches …

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Huws Gray: Grafton acquisition to double network


The acquisition of the Grafton GB Merchanting business from Grafton Group plc will turn Huws Gray into the UK’s largest independent builders’ merchant, it was announced this morning. The £520m deal comprises approximately 200 merchant branches and 3,500 people. Terry Owen, founder and chairman, of Huws Gray said: “We are …

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Huws Gray buys Grafton’s mainland traditional merchanting businesses

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Huws Gray, the Anglesey-based private equity-funded independent builders merchant group, has today bought the Buildbase, Civils & Lintels, PDM Buildbase, The Timber Group, Bathroom Distribution Group, Frontline and NDI brands from Grafton Group plc. In the year to 31 December 2020, the Business reported revenue of £828.2 million (2019: £1.02 …

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Grafton half-year revenue drops by a fifth due to Covid-19

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Total sales at builders merchant group Grafton were 19% lower at £1.05bn for the year ended June 30 2020 due to the effects of the UK lockdown and the Covid-19 pandemic. Operating profit was £39.4m, a drop of 61% and pre-tax profits were 72% down at £24.8m However, the half-year …

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Grafton Group publish third quarter update

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Following the successful completion of the sale of Plumbase and its Belgian operations, and against the backdrop of recent market trends, Grafton Group plc, the international builders merchanting and DIY Group, issued this trading update for the third quarter of 2019.  This update brings forward a planned update scheduled for …

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