Grafton revenues increase slightly

The exchange rate between sterling and euro, as well as the harsh weather, have had a negative effect on trading at building group Grafton, but the company reported yesterday that its revenue increased marginally.

In an interim management statement issued to the stock exchange, the firm — which owns Woodies DIY and Atlantic Homecare — reported that its revenue for the first four months of the year had increased by €1m.

For the four months to April of this year, the group reported revenue of €677m up from €676m for the same period last year.