Grafton Group

Great Britain disposal completed

  • Sectors : Builders Merchants
  • Companies : Grafton Group

Ratings and price correct at time of issue.

  • Grafton Group

    Closing Price: 1233p

  • RATING 07/10/20

  • PREVIOUS RATING 21/05/20

    NEUTRAL

DAVY VIEW

With the completion of its Traditional Merchanting business in Great Britain, Grafton can now concentrate on deploying the disposal proceeds. With the consideration of £520m augmenting an already strong financial position, it is clear that the group has considerable optionality in this regard.

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Jan 4 2022, 07:40 GMT

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