Grafton Group shares fall as conditions weaken in core UK market

Shares in Irish building products provider Grafton Group fell 3.5% after it said it has begun to see a weakening in its core UK market.

More than 90% of Grafton's annual revenues come from its UK builders' merchanting division. However, the group is also active in Ireland, the Netherlands and Belgium. As well as merchanting, Grafton's Irish business includes the Woodie's DIY retail chain.