Grafton Group shares slip on back of Brexit vote uncertainty

Shares in Dublin-headquartered builders merchanting business Grafton Group slipped yesterday as the UK-focused company warned that Brexit uncertainty is negatively affecting its trade at present.

In a trading update released to coincide with its AGM, Grafton detailed a healthy start to the year but warned of potentially significant headwinds.

In the first four months of the year, Grafton saw its total group revenue rise by 13.2% year-on-year.