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
