Woodie's and Chadwicks parent company Grafton posts rise in revenue despite cost pressures hitting households 

Grafton shares surged more than 5% after the The DIY retailer and building materials company posted £1.2bn (€1.4bn) in revenue for the first two quarters, a 3.2% rise on the same period last year.

In a trading update, the company said it benefited from “geographic diversity of its markets” over the last six months.

Grafton Group, the parent company of Woodie's and Chadwicks, shares jumped more than 5% after it posted an increase in revenue during the first six months despite ongoing cost pressures.

The DIY retailer and building materials company posted £1.2bn (€1.4bn) in revenue for the first two quarters, a 3.2% rise on the same period last year as consumers continued to shop at the popular chains operated by the company while being hit by the cost-of-living crisis.