Building inflation helps Irish business become most profitable for Grafton Group

Building price inflation contributed to making one of its Irish businesses the most profitable for Grafton Group, the company said as it announced its 2022 results.

The company, which in Ireland owns building materials supplier Chadwicks and retail DIY chain Woodie’s, said revenues rose by 9 per cent to £2.3 billion during the year. However, the company reported a slight drop in operating profits, which declined from £269 million to £264 million.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Building inflation helps Irish business become most profitable for Grafton GroupThe firm, which owns the Woodie’s chain, said there is a return to more “normal” spending on DIY goods
Source: businessposthq - 🏆 8. / 71 Read more »

CRH plans to move primary stock market listing to USIrish building materials giant also announced plans to spend $3 billion buying back its own stock
Source: IrishTimesBiz - 🏆 6. / 77 Read more »

Average weekly earnings in Irish economy rose by 4.2% last yearCSO figures show new public sector wage agreement included a backdated element which inflated the annual increase for civil servants IrishTimes Lies
Source: IrishTimesBiz - 🏆 6. / 77 Read more »