Grafton Group

Progress in H1 and full year guidance unchanged

  • Sectors : Builders Merchants
  • Companies : Grafton Group

Ratings and price correct at time of issue.

  • Grafton Group

    Closing Price: 1011p

  • RATING 07/10/20

  • PREVIOUS RATING 21/05/20

    NEUTRAL

DAVY VIEW

Grafton has announced a solid set of interim results, and with guidance unchanged the group remains on track to increase profits this year. This will be helped by the two important acquisitions of Cygnum (Ireland) and Mercaluz (Spain) in H1, with the integration of both on track. The stock has deservedly traded higher (up >20%) since the Capital Market Events in June but remains keenly valued.

Download full report with analyst certification and important disclosures

Sep 3 2026, 08:01 IST/BST

Download