Polvo acquisition gives Grafton “market leading position in tools and fixings” in the Netherlands
Grafton Group is to acquire Polvo BV and its 51 branches for €131 million. Polvo BV is a leading Netherlands-based specialist in ironmongery, tools, ventilation systems, fixings and related products, wholesaling for construction and industry. The Netherlands has been a reliably strong performer for Grafton, which owns Isero, a specialist distributor of tools, ironmongery and […]
Ireland and Netherlands boost Grafton’s 2018 merchanting performance
Grafton’s merchanting businesses delivered growth for Grafton, particularly in Ireland, the Netherlands and in the UK. Adding detail to its preliminary results, the international builders merchanting and DIY group saw revenue rise 9% in 2018, to £2.95 billion (8% growth in constant currency). The strong organic growth in Ireland and Netherlands Merchanting was bolstered by […]
Revenue grows for Grafton in 2018
Grafton Group has continued its positive streak of results with news of growth right across 2018, in its latest trading update. Group revenue for 2018 was £2.95 billion, up 8.7% from £2.72 billion in 2017. Revenue growth in constant currency was 8.4% and average daily l-f-l revenue was up 4.3%. Growth moderated in November and […]
Selco owner Grafton sees consistent growth in 2018, so far
International builders merchanting and DIY group Grafton has seen like-for-like growth in Q3, continuing a positive trend throughout the year. The group, which owns Selco, Buildbase, Leyland SDM, Woodie’s and Gunters en Meuser, among others, saw like-for-like revenue rise 5.5% in the four months ended 31 October, with total revenue up 10.2% in the same […]
Selco openings boost Grafton’s bottom line
International builders merchanting and DIY Group Grafton recorded revenue growth of 8.6% to £1.45 billion in H1 2018 (2017 H1: £1.33 billion). Like-for-like group revenue rose 3.8% in the period, covering 1 January to 30 June 2018. Further Selco branch openings and the hot and dry May and June made up for a very cold […]
Irish market a “growth engine” for Grafton’s record breaking 2017
Merchanting group Grafton – owner of Selco, Chadwicks and Woodie’s DIY, among others – saw revenue rise 9%, with the UK merchanting arm exceeding £100m in operating profit and Ireland proving an “important and consistent growth engine” for Grafton. Revenues reached £2.7 billion in 2017 (2016: £2.5bn), while operating profit grew 17% to £160.9 million (2016: […]
Selco and Buildbase owner Grafton buys Leyland SDM for £82 million
Leyland SDM, a specialist decorator merchant carrying tool, fastener, ironmongery and related stock, has been acquired by Grafton. Grafton, which owns Selco, Buildbase, Woodie’s and Gunters en Meuse among others, paid £82.4 million for Leyland SDM, which is “regarded as one of the most recognisable and trusted decorating and DIY brands in Central London selling paint, tools, ironmongery and […]
Selco owner Grafton hits £2.3 billion revenue so far in 2017
Selco owner Grafton reported revenue growth in the first nine months of 2017, up 9.1% to £2.3 billion (2016: £2.11 billion, like-for-like). In constant currency terms, Group revenue increased 6.9% in the nine month period ending 31 October 2017. The UK Merchanting arm of the business, including perhaps Grafton’s best known brand, Selco, grew 5% and benefited from […]
Selco sees double-digit growth in H1 2017
Selco was among the stand out performers for Grafton in its half year financials, with Selco Builders Warehouse seeing double-digit revenue growth, thanks in part to the new branches opened this year. Selco is one of a number of Merchanting brands for Grafton, which also includes Buildbase, Plumbase and Macblair. Grafton’s overseas Merchanting brands include Gunters en […]
Revenue rises to £2.51 billion for Selco owner Grafton
Selco’s Merchanting division has outperformed the UK market, resulting in revenue growth, the group has announced. For the year ended 31 December 2016, group revenue was up 13.4% to £2.51 billion (£2.21 billion in 2015) and 10.4% in constant currency. Merchanting (92% of Group Revenue) Revenue gains came from established branches and growth from new […]