Certain statements made in this presentation are forward-looking statements. Such statements are based on current expectations and are subject to a number of risks and uncertainties that could cause actual events or results to differ materially from those expressed or implied by these forward-looking statements. They appear in a number of places throughout this presentation and include statements regarding the intentions, beliefs or current expectations of Directors concerning, amongst other things, the results of the operations, financial condition, liquidity, prospects, growth, strategies and the businesses operated by the Group. The Directors do not undertake any obligation to update or revise any forward-looking statements whether as a result of new information, future developments or otherwise.
Notes
The term "Adjusted" means before exceptional items and acquisition
related items (see Appendix 1).
Please refer to Notes and Definitions in Appendix 1 as amounts are reflected in £'m some non-material rounding differences may arise.
The adjustment of acquisition related items to the adjusted operating results was a change on previous years and thus the June 2021 comparatives have been restated to conform to current year presentation.
Grafton Group plc - Interim Results 2022
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Gavin Slark
David Arnold
Chief Executive Officer
Chief Financial Officer
Grafton Group plc - Interim Results 2022
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Introduction & highlights
GAVIN SLARK, CEO
2022 First Half Review
•Strength of overall performance benefitted from geographic diversification
•Excellent performance in distribution businesses in Ireland and the Netherlands
•Profitability in Selco and Woodie's lower relative to last year's exceptional performances as trading normalised
•Good profit contribution from IKH in Finland at 13.2% operating margin
•Double digit operating profit margin in all segments (before property profit)
•Strong adjusted return on capital employed of 18.8%
•Net cash of £520.5 million (before IFRS 16 lease liabilities) provides significant optionality
•Further progress made on sustainability agenda
Grafton Group plc - Interim Results 2022
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Grafton Group plc published this content on 25 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 August 2022 06:07:08 UTC.
Grafton Group plc is an international distributor of building materials. Its segments include Distribution, Retailing and Manufacturing. The Distribution segment is engaged in the distribution of building and plumbing materials primarily to professional trade people engaged in residential repair, maintenance and improvement projects and also in residential and other new build construction from a network of 316 branches in the United Kingdom, Ireland, the Netherlands and Finland. The Retailing segment operates Do it yourself (DIY) and home improvement business from a network of 35 stores that supply mainly retail customers with a range of products for DIY and for the home and garden. The Manufacturing segment comprises the manufacturer of dry mortar in Great Britain operating from 10 plants, an industry manufacturer and distributor of bespoke staircases in the United Kingdom operating from one manufacturing facility and a plastics manufacturing business in Ireland.
GRAFTON GROUP PLC 
