Tag Archives: results

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

grafton annual report 2019 30 crop

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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JT Dove turnover heads to £60m

JT Dove3

Revenue at north east independent builders merchant JT Dove hit £58.8m in the 12 months to December 31 2018, new accounts have revealed. Turnover at the merchant, which stocks timber, plumbing products and building materials was up from £52.5m 12 months earlier. Pre-tax profits also increased to £2.4m from £2.3m. …

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Grafton shows half-year growth

Buildbase truck

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 …

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Wolseley parent taxes back to UK

150520 J Tye AB Wolseley 2 368

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 …

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DIY does for Travis Perkins’ first half results

3064312 Wickes fascia night

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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