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.
