Grafton Group plc
Capital Markets Event and Growth Ambition
Grafton Group plc ("Grafton" or "the Group"), the European multinational distributor of construction related products and solutions, will hold a Capital Markets Event for pre-registered analysts and investors at 12:30 BST today at Chartered Accountants' Hall, One Moorgate Place, London EC2R 6EA.
Eric Born, Chief Executive Officer, and David Arnold, Chief Financial Officer, will provide insights and updates on the Group's strategy and growth ambitions over the medium term. Attendees at today's event will hear from both Group and business leadership teams.
Eric Born, Chief Executive Officer of Grafton Group plc commented:
"We look forward to outlining our ambition for Grafton at today's Capital Markets Event and how this is supported and driven by our powerful federated operating model. The medium-term targets we are announcing reflect our confidence in the strength of our strategy for organic and inorganic growth, the resilience of our business model and the opportunities ahead, underpinned by long-term structural growth drivers. We remain focused on delivering attractive earnings growth, strong cash generation and consistent shareholder returns, while maintaining a robust balance sheet."
Medium-term financial targets
At today's Capital Markets Event, the Group will outline its medium-term financial framework, including the following targets for 2030:
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Adjusted1 earnings per share compound annual growth rate exceeding 10% over the period 2025 to 2030 |
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Cumulative free cash flow ("FCF") in excess of £850m over the five year period 2026 to 2030 |
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Return on capital employed ("ROCE") of approximately 13% |
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Investment grade credit rating retained, supported by a lease-adjusted net debt to EBITDA ratio of 1.0x to 2.0x |
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Dividend cover in 2.0x to 3.0x range, supplemented by incremental capital returns when appropriate |
No new material information will be provided on current trading further to the Group's latest trading update, which was published on 15 May 2026.
The event can be viewed via a live webcast which can be accessed from this link and a recording will be available on the Company's website following the event.
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1. Adjusted earnings per share are calculated by dividing adjusted profit after tax (excluding property profits) by the weighted average number of Grafton Units in issue, excluding treasury shares. Adjusted profit after tax is the profit after tax, but excluding property profits, amortisation of acquired intangible assets, acquisition-related costs, and exceptional items.
For further information please contact:
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Investors |
Media |
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Grafton Group plc |
+353 1 216 0600
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Murray |
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Eric Born |
Chief Executive Officer |
Pat Walsh |
+353 1 498 0300/+353 87 226 9345 |
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David Arnold |
Chief Financial Officer |
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Burson Buchanan Helen Tarbet Simon Compton Toto Berger |
GraftonGroup@buchanancomms.co.uk
+44 (0) 7872 604 453 +44 (0) 7979 497 324 +44 (0) 7880 680 403 |
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About Grafton
Grafton Group plc is a European multinational distributor of construction related products and solutions comprising four geographic segments serving the Island of Ireland, Great Britain, Northern Europe and Iberia. In our Irish home market, we also operate the leading home improvement retailer.
Trading from c. 470 branches (owned/leased) with c. 10,000 colleagues, the Group's portfolio of market leading, trusted brands includes:
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Island of Ireland: Chadwicks Group, Woodie's and MacBlair |
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Great Britain: Selco, Leyland SDM, T.G. Lynes, CPI EuroMix and StairBox |
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Northern Europe: Isero / Polvo (Netherlands) and IKH (Finland) |
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Iberia: Salvador Escoda and Mercaluz (Spain) |
For further information visit www.graftonplc.com