skip to main content
  • *
  • *
  • *
Find Insight DIY on
* * *


Demand in Ireland still weak - Grafton Group

Challenging trading conditions have remained in Ireland due to weak demand in the residential markets and low levels of activity in the building market, according to Grafton Group.

The builders’ merchants and DIY group, however, has seen an increase of 4pc in turnover to €642m in the first four months of 2011 as decline in Ireland moderates and recovery continues in the UK market.

“The recovery in the mainly residential RMI orientated UK business, that now accounts for over 70pc of group turnover, continued through the period against a background of some uncertainty in consumer confidence,” Grafton said in its interim trading statement.

A Belgian builders’ merchanting business, in which the group has a 49pc stake, traded successfully and increased its annualised turnover to about €40m.

Grafton, which owns Woodie's DIY in Ireland, said its strong businesses and financial position leave it well placed to benefit from a recovery in its markets.

Source : Business &

04 May 2011
view more UK DIY News

Insight provides a host of information I need on many of our company’s largest customers. I use this information regularly with my team, both at a local level as well as with our other international operations. It’s extremely useful when sharing market intelligence information with our corporate office.

Paul Boyce - European CEO, QEP Ltd.

Don't miss out on all the latest, breaking news from the DIY industry