Download full report with analyst certification and important disclosures
Mar 5 2026, 08:04 GMT
Grafton Group
Continuing impressive free cash flow generation prompts another share buyback
- Sectors : Builders Merchants
- Companies : Grafton Group
DAVY VIEW
Grafton has announced a typically solid set of results, characterised by its continuing impressive cash flow generation and financial strength. This has prompted the announcement of another share buyback (£25m). Trading year-to-date has been weather affected, but we do not envisage any change to headline 2026 forecasts at this stage. The stock, at a 2026 P/E multiple of circa 12x, offers good value.
