Grafton eyes more continental acquisitions

Building materials group Grafton has said it is looking to continental Europe for acquisition opportunities but is not ruling out bolt-on purchases in the UK and Ireland, where it owns the Woodie's DIY retail chain.

Chief executive Gavin Slark was speaking as the company reported adjusted pre-tax profit of £188.4m (€220m) for 2018, a 19% rise from the previous year.