Grafton turnover dips 32% in most challenging conditions ‘in decades’

GRAFTON, the builders merchants and DIY group, said in the first four months of this year it was confronted with “the most challenging trading conditions in decades”.

Grafton turnover dips 32% in most challenging conditions ‘in decades’

The fall-off in credit hit spending on housing and residential repair, maintenance and improvement as the economy continued to slow down, according to an its interim management statement issued by the group ahead of its AGM which was held in Dublin yesterday.

In the year-to-date trading conditions have worsened considerably and are reported to be much weaker than in the first quarter of last year, it said.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited