GRAFTON GROUP PLC (LON:GFTU) News and Share Price

Established in 1909 by William Thomas Chadwick, Grafton Group PLC was formed with an aim to supply Irish and imported cement and plaster to merchants and major building contractors. Till 1988, it was known as Chadwicks Limited.

At present, Grafton is a leading global distributor of building material that caters to the demands of its customers in the UK, Ireland, and the Netherlands. Further, Grafton is the major retailer of DIY, home, and garden in the Ireland market and is the largest producer of mortar in the UK. The group has 335 branches in the UK, 86 in Ireland and 113 in the Netherlands. Its major profit comes from the UK market followed by Ireland and the Netherlands.

Grafton’s main aim is to create value and be the first choice for its customers, shareholders, and people linked them.  The company wants to be a leader in what they do by constantly looking for opportunities and improving on the existing ones. Grafton is listed in the premium segment of the London Stock Exchange and is a constituent of the FTSE 250 Index.

Its core operational segments are distribution, retailing, and manufacturing. The distribution division distributes building material to the UK, Ireland, and the Netherlands market through its major brands, such as Chadwicks group, Selco, Buildingbase, Leyland SDM, MacBlair, Isero and Polvo. The retailing segment consist of a brand called Woodie’s, which is a leading retailer in Ireland engaged in trading of an extensive range of DIY, home, and garden from its 35 branches and online platforms. The manufacturing segment consists of two brands: CPI Mortars and Stair Box, which are engaged in manufacturing of dry mortar and wooden staircases. Grafton is the largest building material distributor in Ireland and third largest in the UK. It is the largest distributor of Ironmongery, tools, and fixings in the Netherlands market.  In 2020, the distribution segment contributed the major part in revenue generation (87.7%), followed by retailing division (9.8%), and manufacturing division (2.5%).