Grafton kicks off series of investor meetings

Published:  15 November, 2011

DUBLIN: DIY specialist and builders' merchant Grafton is running a series of roadshows for investors over the next week in England and Scotland.

According to the Irish Times, the roadshows kicked off in London on Thursday November 10 and continued in the Channel Islands. This week the roadshows will take place in various centres in England and Scotland before a meeting in Dublin on Friday November 18. The meetings are primarily aimed at retail stockbrokers and wealth managers in Britain.

Although the advance notice about the roadshows mentioned that a "sterling retail bond may follow, depending on market conditions" the group is understood to have dropped the idea as market conditions are unstable.

The group said this week that it expects its operations to generate between €52 million and €55 million in profits this year. This figure was lower than analysts' expectations of nearly €60 million.

Sign Up

For the Builders' Merchants News enewsletter.

In the spotlight


Builders Merchants Vacancies – UK Wide

At Arco, we are an industry specific recruitment consultancy, providing sales and managerial staff Nationwide to Merchants, Distributors and Manufacturers of Building Materials within the Construction Sales Sector. Priding ourselves on our unparalleled customer service and hard work, we offer a fresh, innovative and personal approach to recruitment specifically designed to meet our clients’ needs and candidates’ skills.

Guest Blog by Simon Damp

Is DIY a lost art?

As time goes by, the art of do-it-yourself when it comes to activities around the home and garden is fast becoming more and more of a lost art.