Grafton Group Plc · LSE:GFTU

Grafton — H1 2021 Earnings Presentation

7 slides from Grafton's earnings presentation, Jul 8, 2021

  1. Slide 1: Trading Update for Six Months Ended 30 June 2021

    Building Progress Together Grafton Group plc Trading Update for Six Months Ended 30 June 2021 8 July 2021

  2. Slide 2: Introduction

    Introduction • The last week has been one of the most significant in Grafton’s history • Completion of acquisition of IKH in Finland • Sale of GB traditional merchanting • Consistent with our strategy • Underlines our disciplined approach to use of capital • Completes our planned disposals • Grafton

  3. Slide 3: Sale of GB traditional merchanting

    Sale of GB traditional merchanting • Enterprise value of £520m plus freeholds retained with a market value of £25m • 2020 revenue £828.8m (2019: £1.02bn) and 2020 adjusted operating profit £18.8m (2019: £33.3m) • Lease liability of £77m as at 31 Dec 2020 • Disposal will complete before the end of Q1

  4. Slide 4: Completed Acquisition of IKH

    Completed Acquisition of IKH • One of Finland’s largest workwear, PPE, tools, spare parts and accessories technical wholesalers and distributors • Experienced management team • Consideration payable was €199.3m on a cash and debt free basis • Funded entirely from existing cash resources • Year ended

  5. Slide 5: Trading update

    Trading update Total Revenue Average Daily Like-for-Like Constant Currency Revenue Growth Sterling Sterling Segment Period from 1 January to 30 June Period from 1 January to 30 June 2021 vs 2020 2021 vs 2019 2021 vs 2020 2021 vs 2019 Distribution - UK (Continuing Operations) 63.5% 16.7% 64.9% 20.0%

  6. Slide 6: Full Year Outlook and Summary

    Full Year Outlook and Summary • Strong trading in the first half with revenue in May and June ahead of expectations • Ongoing supply chain challenges around product availability and price inflation • Group adjusted operating profit for the year in continuing operations upgraded to circa. £240 millio

  7. Slide 7: Questions

    Questions July 2021 Update

Grafton Group — H1 2021 Earnings Presentation on 6ix