DUBLIN: The owner of Woodie’s DIY, Grafton Group, has seen its revenue increase 9pc to £2.7bn (€3bn) in 2017.
In its statement of financial results for 2017, the group reported an operating profit increase of 15pc year-on-year to £163.7m, while its earnings per share also increased by 15pc to 54.9p.
The strong performance was driven principally by organic growth, and an improvement in the group’s gross margin and good cost control, the group said.
In addition, Grafton, which is also behind Chadwicks and Heiton Buckley, said that it benefited from its exposure to multiple geographic markets and a well diversified customer base.
