Woodie's DIY owner Grafton Group 'in good shape' amid supply and price pressures

The group which operates in Ireland, Britain, the Netherlands, and Finland saw revenue grow year-on-year by 28% to €2bn in the first 10 months of the year
Woodie's DIY owner Grafton Group 'in good shape' amid supply and price pressures

Grafton Group chief executive Gavin Slark has said supply chain disruption and pricing pressure remain "a challenging backdrop" for the group's suppliers and customers. 

Grafton Group – the owner of the Woodie’s DIY retail and Chadwicks building supplies businesses - has said it expects to finish this year “in good shape” despite “a challenging backdrop” of supply chain disruption and pricing pressures.

In a trading update, the group – which operates in Ireland, Britain, the Netherlands and Finland – said positive momentum seen in the first half of the year carried over into the second. Total group revenue grew, year-on-year, by 28.3% to £1.76bn (€2bn) in the first 10 months of the year.

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