Half Year 2023 Grafton Group PLC Earnings Call(Pre-recorded) Transcript

Feb 13, 2024

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Aug 31, 2023 / 06:00AM GMT
Unidentified Analyst -

Grafton Group announced their first half results this morning, and I'm now joined by Eric Born, Group CEO; and David Arnold, Group CFO. Thanks for joining us, gentlemen.

Questions and Answers:

Unidentified Analyst -

Eric, if we turn to you first, it's certainly been a more difficult economic environment in 2023. So talk us through Grafton trading as you see it.

Eric Born - Grafton Group plc - CEO & Director

Overall, the group traded very well and be very in line with where we expected to be in the first half, really thanks to our colleagues, we see a fantastic job and all the different strong brands we have in our various markets. I think on the distribution side, we are a little bit more challenged, but this is nicely counterbalanced by having a very strong performance in our retail business, bodies as well as our manufacturing businesses. So overall, we are on track where we thought we will be in the first half.

Unidentified Analyst -

And David, the balance sheet

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