Grafton Group plc (GFTU.L), a distributor of building materials, Tuesday said its revenue for the full year declined 1.6 percent to 2.28 billion pounds from 2.32 billion pounds in the previous year.
The company added that it returned to average daily like-for-like sales growth of 1 per cent in final two months of 2024.
"Whilst the timing of recovery in certain geographies remains uncertain, our medium term outlook is positive, supported by strong demand fundamentals underpinned by housing shortages in many of our key markets," said Eric Born, Chief Executive Officer of Grafton.
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