Grafton chief bets on ‘PIIGS’ boom as northern European markets stall
Ireland has replaced Britain as Grafton’s main earning market in recent years and group has high hopes for Iberian air conditioning investments
Eric Born
Grafton eyes more than 10% annual earnings growth out to 2030
Target for parent of Woodies DIY and Chadwicks seen as ‘ambitious but very achievable’ by analysts
Grafton to acquire Spanish air conditioning company Mercaluz in deal worth up to €175m
Company sees deal as step in ambition to build significant business distributing construction-related products in Iberia
Revenue at Grafton Group rose 10% in 2025
Ireland, Iberia continue to grow but weaker demand weighs on Britain
Grafton revenues rise in 2025 even as growth slows towards end of year
Ireland, Iberia businesses fuel growth as Britain falters
Former judo Olympian avoids sudden jolts at Grafton even as earnings come under pressure
New Swiss CEO of Grafton has narrowed group’s geographic focus for deals but opened out the search for the type of businesses being targeted
Grafton investors urged to reject new chief executive’s pay premium
DIY retailer and building materials distributor completes £93.3m share buyback programme
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