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Grafton Group's first-half profits expected to drop by 30pc or more

With Grafton Group expected to report a sharp drop in first-half profits tomorrow as the property downturn on both sides of the Irish Sea takes its toll, investors will be keen to see how quickly the group is slashing costs to weather the storm.

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UPDATE 2-Grafton says able to weather building slowdown

DUBLIN, July 10 (Reuters) - Grafton Group on Thursday reported a 13 percent fall in first-half earnings, but the Irish building supplier said it was well placed to deal with challenging trading conditions in the UK and Ireland.

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Grafton sales fall 13% in first half

Grafton Group, Ireland's largest supplier of building materials, said first-half sales declined 13 per cent, led by a slump in Irish homebuilding.

1Vote!

Grafton and DIY leader in UK 'should merge'

WOODIES DIY owner Grafton Group should consider a €1.4bn merger with the UK's Travis Perkins in a move that could create over €500m of synergies, according to a senior Dublin analyst.

1Vote!

Grafton Group building on strong UK operation

Grafton Group, the builders' merchants and DIY retailer, enjoyed an 8% pre-tax profit rise last year to ¤228.6m, it has been revealed.

1Vote!

Decline in sterling value hits Grafton's earnings outlook

THE DECLINE in the valuation of sterling against the euro has prompted a downward revision in the earnings forecast for Grafton Group, owner of Woodies DIY and Atlantic Homecare.

1Vote!

Grafton earnings up but weak demand, pound hurting

DUBLIN (Reuters) - Irish building supplies group Grafton Group Plc posted an 8 percent rise in 2007 earnings, but the owner of Buildbase builders' yards in the UK warned slowing economies and a weak sterling would take their toll this year.

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Grafton reports profit down 5.4%

Grafton Group, owner of DIY chains including Atlantic Homecare and Woodie's, said its full-year profit fell 5.4 per cent, hit by the slowdown in the construction industry.

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Grafton warns of 'challenging' market

Builders merchant Grafton Group increased its turnover by 10 per cent in 2007, but warned that profit may come in slightly below expectations.

1Vote!

Differing views on Grafton's fortunes

One More Thing: There were slightly differing views on Grafton Group this week from analysts at Davy and Citigroup.

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Grafton Group plc: No Ethics. No Heart. Just Hypocritical Profiteering?

Grafton: The Unacceptable Face of Capitalism! On its website Grafton Group plc purports to recognise "the importance of conducting its business in a socially responsible manner" claims, however, best daubed on a whited sepulchre and then power hosed off to reveal the cynical profiteering and hypocrisy beneath:

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Grafton results boost share price

Shares in Grafton Group rose by 4.2 per cent to €9.90 in Dublin yesterday after the company published a strong set of interim results four weeks ahead of schedule.

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Grafton beats gloom to build strong first half

Grafton Group, the Dublin-based building materials company, has defied the gloom surrounding the Republic's housing market reporting strong first-half results, largely driven by its UK division