Grafton Group increases its 2018 interim dividend by 14%

DividendMax Ltd.

Grafton Group increases its 2018 interim dividend by 14%

Grafton Group 2018 interim results

Revenue up 9% to £1.45 billion - 8% increase in constant currency

Further positive progress towards medium term financial objectives with the operating margin increasing by 50 bps to 6.4% and ROCE by 80bps to 14.0%

Strong organic growth in Irish and Netherlands Merchanting

Excellent performance by Woodie's Retailing in Ireland and Mortar Manufacturing in the UK

Strong cash flow of £109.7 million from operations

Continued investment to support future profit growth with £120.1 million spend on Leyland SDM acquisition and capital projects

14% increase in dividend in line with progressive dividend policy

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