"Grafton made continuing progress in 2015 producing record revenue and solid growth in operating profit whilst continuing to invest in organic growth initiatives and selective acquisitions, most notably Isero in the Netherlands. We are confident about the overall prospects for the Group and expect to deliver organic growth in the year ahead and to also benefit from recent development activity as well as exposure to the strengthening economies in Ireland and the Netherlands." – Gavin Slark (8 March 2016).

2015 Final Results

Grafton Group plc announced its 2015 Final Results, on Tuesday, 08 March 2016, at 07:00 (GMT).

The following information was released on the day.

  2015
£’m
2014
£’m
% change
Revenue 2,212 2,082 +6%
Adjusted*
Operating profit 126.8 110.1 +15%
Operating profit before property profit 120.1 107.9 +11%
Profit before tax 118.9 101.2 +17%
Profit after tax 95.1 80.0 +19%
Adjusted earnings per share – basic 41.0p 34.4p +19%
Statutory
Operating profit 128.2 110.1 +16%
Profit before tax 120.3 101.2 +19%
Profit after tax 96.5 80.0 +21%
Earnings per share – basic 41.6p 34.4p +21%
Dividend 12.50p 10.75p +16%
Net debt 113.6 75.3 +51%
Total equity 989.0 906.3 +9%
Adjusted operating margin 5.7% 5.3% +40 bp
Return on capital employed 12.2% 11.1% +1.1% pts
*Before defined benefit pension scheme past service credit of £2.95 million and an asset impairment charge of £1.52million in the Belgium business.