Irish merchanting group Grafton saw bigger contributions to its growth in the six months to June 30 2019, particularly from it Irish and Netherland businesses. The UK merchanting division saw more modest growth. Chief executive Gavin Slark said: “We made good strategic and operational progress in the first half of …
Read More »Wolseley parent taxes back to UK
Ferguson plc, parent company of UK plumbing heating and civils merchants Wolseley UK, is to move its headquarters back to the UK for tax purposes, it announced in its interim results yesterday (March 26). The group, which renamed itself Ferguson plc to match 83% of its revenue that comes from …
Read More »DIY does for Travis Perkins’ first half results
Builders and plumbers merchant group Travis Perkins posted a £123m pre-tax loss for the first half of 2018, thanks to its DIY-chain Wickes. Across the group as a whole revenue grew by 4.4% to £3.36bn in the six months to June 30 2018, compared with the same period a year …
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