Grafton Group sees decline in revenue from Woodie’s business as pandemic gains reverse

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Revenue trends continued to be favourable in the distribution businesses in Ireland and the Netherlands, however

Grafton Group experienced a “small decline” in revenue in the Woodie’s DIY, Home and Garden business in Ireland last year, according to a trading update from the company.

This reflected weaker demand for seasonal categories, as the exceptional pandemic related gains fully reversed, and a more cautious approach by consumers to discretionary spending in the run-up to Christmas, Grafton said.

 

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