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Grafton Group (GFTU)     

dreamcatcher - 01 Jan 2015 12:30




Grafton Group plc is an independent, profit-orientated growth company, operating in the UK and Ireland whose main activities are builders and plumbers merchanting, DIY retailing and mortar manufacturing. The Group aims to achieve above average returns for its shareholders. Grafton's strategy is to build on strong positions in businesses serving the UK and Irish construction sectors, to develop in related markets, and to grow in businesses with which it is familiar. In the UK, Grafton's merchanting operations are the fourth largest in the market. These comprise 147 plumbers merchanting branches trading under the Plumbase brand, and 163 builders merchanting branches trading principally under the Buildbase and Jackson brands. In Northern Ireland, Macnaughton Blair is one of the leading builders merchants trading from 12 locations. EuroMix is the UK market leader in dry mortar with 8 plants. In the Republic of Ireland, the Group is the largest builders and plumbers merchanting business trading from 31 branches nationally under the Chadwicks brand and from 25 branches nationally under the Heiton Buckley brand. The Group is the clear leader in Irish DIY retailing with 20 Woodie's and 15 Atlantic Homecare stores nationally and, amongst other activities, has manufacturing plants in plastics and concrete products, including EuroMix dry mortar.
Grafton Group plc is predominantly a UK and Ireland-based building materials group with 591 branches and a turnover of over £2 billion.


http://www.graftonplc.com/

Chart.aspx?Provider=EODIntra&Code=GFTU&SChart.aspx?Provider=EODIntra&Code=GFTU&S

dreamcatcher - 11 Jul 2017 20:46 - 25 of 32

11 Jul
Numis
850.00
Buy
11 Jul
Peel Hunt
765.00
Hold
11 Jul
Liberum Capital
770.00
Hold

dreamcatcher - 11 Jan 2018 15:56 - 26 of 32

Trading update

dreamcatcher - 19 Feb 2018 16:02 - 27 of 32

Acquisition of Leyland SDM
RNS
RNS Number : 2045F
Grafton Group PLC
19 February 2018

19 February 2018


Grafton Group plc
Acquisition of Leyland SDM for £82.4m

Grafton Group plc ("Grafton" or "the Group"), the merchanting and DIY Group with operations in the UK, Ireland, the Netherlands and Belgium, is pleased to announce that it has acquired the entire issued share capital of LSDM Limited ("Leyland SDM"), London's largest independent specialist decorators' merchant.
The total consideration payable by the Group is £82.4 million on a debt-free, cash-free basis and will be funded from the Group's cash and debt facilities.
Leyland SDM is regarded as one of the most recognisable and trusted decorating and DIY brands in Central London selling paint, tools, ironmongery and accessories. It prides itself on high levels of customer service, maintaining long standing relationships and carrying a strong reputation with both trade professionals and DIY customers. Leyland SDM operates through a unique portfolio of stores which have been built up over the last 30 years during its period of family ownership. Its network of 21 convenience-led and predominantly high street stores, are situated in some of London's most prominent locations including King's Road Chelsea, High Street Kensington, Shaftesbury Avenue, Victoria, Clerkenwell, and Notting Hill. In the last two years, it has further expanded its footprint with four new stores opened in Battersea, Mile End, Clapham High Street and Putney as well as opening a new Distribution Centre at Wembley.
The Leyland SDM "small box" convenience trading format is a proven business model in Central London that complements the Group's larger Selco branches located in Greater London.
Leyland SDM's revenue and underlying EBITA was £47.8 million and £7.3 million respectively for the year ended 31 December 2017. Gross assets are estimated at circa £10.0 million at completion.
Commenting on the agreement, Gavin Slark, Chief Executive Officer of Grafton said today:
"The acquisition of Leyland SDM is a unique opportunity to acquire a leading brand with exceptional locations in Central London and expands our presence in a resilient segment of the merchanting market located at the heart of one of the world's leading cities".

dreamcatcher - 20 Feb 2018 16:49 - 28 of 32

8:40 20/02/2018
Broker Forecast - Berenberg issues a broker note on Grafton Group PLC
Berenberg today upgrades its investment rating on Grafton Group PLC (LON:GFTU) to buy (from hold) and raised its price target to 920p (from 800p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

dreamcatcher - 25 Feb 2018 17:24 - 29 of 32

Finals Thurs 1 March 18

dreamcatcher - 01 Mar 2018 09:38 - 30 of 32

Final results

Highlights
· Record revenue reflects strong organic growth
· Adjusted Group operating profit before property profit up 17%
· Growth in profitability in all segments and geographies:
o Strong organic growth in Irish Merchanting, Woodie's DIY and Mortar Manufacturing
o Acquisitions and organic growth increase scale and profitability of Dutch merchanting business
o Continued investment in Selco with a record number of branch openings
o Traditional UK Merchanting business benefits from growth and prior year restructuring
· Record cash from operations of £210.7 million (2016: £168.6 million) finances investment and strengthens balance sheet
· Investment of £119.1 million (2016: £72.3 million) on capital expenditure and acquisitions
· Progressive dividend policy - growth of 121% over the past five years

dreamcatcher - 05 Mar 2018 18:41 - 31 of 32

Grafton group plc: Berenberg reiterates buy with a target price of 950p.

foitek - 06 Mar 2018 10:34 - 32 of 32

This company has been posting good results, has a wide consumer base in several countries and has been growing it's business through buying out a number of sectoral add-ins. Yet the SP remains stubbornly in the doldrums by and large. Sooner or later it must be due a boost or else larger predators will start hovering?
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