Grafton : Reporting Document

Grafton Group plc Half Year Results

For The Six Months Ended 30 June 2023

Cautionary statement & notes

Cautionary statement

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.

Grafton Group plc - Interim Results 2023

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Eric Born	David Arnold
Chief Executive Officer	Chief Financial Officer

Grafton Group plc - Interim Results 2023

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Introduction & highlights

ERIC BORN, CEO

2023 First half review

Resilient H1 performance in challenging distribution markets

First half trading and adjusted operating profit as anticipated

Full year adjusted operating profit expectations re-affirmed

Excellent cashflow supported return of £132.7m to shareholders

Net cash at 30 June 23 almost unchanged from 31 Dec 22

Interim dividend growth of 8.1% on lower number of shares

Further £50m buyback announced

Grafton Group plc - Interim Results 2023

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