Grafton (GB:GFTU) has released an update.
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Grafton Group, a leading international building materials distributor, has completed its acquisition of Salvador Escoda, S.A., marking a strategic expansion into the Spanish market. Despite challenging market conditions in the UK and Finland, Grafton continues to perform well in Ireland and maintains a strong financial position, allowing room for future growth and investment. The company anticipates its full-year adjusted operating profit to align with market expectations, showcasing resilience amidst economic fluctuations.
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