Record results for diy outlets drive sales at Grafton
Published: 14 August 2007
Sales at the Irish retail division of Grafton Group increased by 14.4% to £114 million (2006: £100 million).
The Irish retailing business trading under the Woodie's DIY, Atlantic Homecare and In-House at the Panelling Centre brands, achieved 'record results with strong growth in sales and operating profit'.
Grafton said that 'positive' market conditions lead to volume growth in retail sales, and a nine per cent increase in like-for-like sales.
The Woodie's and Atlantic Homecare support offices were merged during the half year.
The five store In-House at the Panelling Centre, which markets kitchen and bedroom panelling products to trade and retail customers, achieved good sales.
Expansion of the format is planned for later this year.