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Davy Research

Grafton Group

Further COVID-19 update: actions in Ireland

Mar 30 2020, 07:55 IST/BST
Flor O'Donoghue
Company Report
5 page(s)

Sectors : Builders Merchants

Companies : Grafton Group

Ratings and price correct at time of issue.

Grafton Group

Closing Price: 546p
RATING 15/12/15
OUTPERFORM
PREVIOUS RATING 07/09/15

NEUTRAL

Flor O'Donoghue

Analyst

DAVY VIEW

Grafton has announced a fresh additional COVID-19 update to cover the impact of Irish government measures. It has temporarily closed its Woodies DIY business and its distribution operations have been significantly scaled back. This is not a surprise and would have been anticipated.

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Mar 30 2020, 07:55 IST/BST

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Grafton Group

Further COVID-19 update: actions in Ireland

Grafton Group

RATING 15/12/15

NEUTRAL

Flor O'Donoghue

DAVY VIEW

Download full report with analyst certification and important disclosures