Grafton Group Plc Reports Good Strategic And Operational Progress In H1 2019

  • Aug 30, 2019 BST
  • Team Kalkine

Grafton Group Plc (LSE: GFTU) for the six months ended 30 June 2019 has made good strategic and operational progress. Company’s revenue was up 2% to £1.48 billion in H1 2019 from £1.44 billion of H1 2018. The cash flow from operations were reported at £118.9 million (pre-IFRS 16) as compared to £109.7 million of H1 2018. Also, there was 8 per cent increase in dividend in line with company’s progressive dividend policy.

On 30th August 2019, at the time of writing, GMT 10:54 AM, GFTU shares were trading at GBX 732.00, up by 49.50 points or 7.25% against the previous day closing price.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK