Grafton Group plc (GFTU) Earnings Call Transcripts

Grafton Group plc's Latest Earnings Call - June 11, 2026

In the Q2 2026 earnings call for Grafton Group plc, management reported a revenue of GBP 2.5 billion, consistent with expectations, and an adjusted EBITDA margin of 12.7%. The company maintained its guidance for a cumulative free cash flow of GBP 850 million through 2030 and an EPS CAGR of over 10%. Management highlighted growth opportunities in the Iberian market, aiming for EUR 1 billion in revenue by 2030, driven by acquisitions and organic growth, particularly in HVAC and construction-related sectors.

Reported metrics

Guidance from management

Management maintained guidance for cumulative free cash flow of GBP 850 million through 2030 and an EPS CAGR of over 10%. They expect to achieve EUR 1 billion in revenue in Iberia by 2030, with an operating profit margin of 8-10%.

What management said

Thank you, Frank. So you all see the topics we have covered. I hope you got a good sense from me what the strategy is, how we look at the markets, how we execute to our operating model. David talked about our capital allocation framework and finance in general. Patrick, Damian and Peter gave an overview about the Island of Ireland. And last but not least, we heard Frank talking about our businesses in GB. So we will...

So just, we've got obviously a couple of mics around. If you wouldn't mind just saying who you are. And then if you would give us the liberty if you do have more than one question, let's just ask it one at a time if we're going to direct it to our colleagues, that will be great. And why don't we go to Shane first on the front. Thank you.

What analysts pressed on

Analysts expressed concerns about the challenging market conditions in the U.K., particularly regarding declining housing starts and the impact on margins. There were questions about the sustainability of growth in the current economic climate and the potential for further market volatility.

Main topics on the call

• Revenue Consistency — Grafton reported revenue of GBP 2.5 billion, matching expectations. CFO David Arnold stated, "Our revenue over the last 10 years has remained pretty constant at GBP 2.5 billion," indicating stability in performance.
• Guidance for Future Growth — Management maintained guidance for cumulative free cash flow of GBP 850 million through 2030 and an EPS CAGR of over 10%. Eric Born emphasized, "We are confident in our ability to create significant shareholder value ove...
• Iberian Market Expansion — Grafton aims to achieve EUR 1 billion in revenue in Iberia by 2030, with significant growth potential in the HVAC sector. Born noted, "The HVAC sector is growing much more than the average sector in any distribution sect...
• Operational Efficiency Improvements — Management highlighted ongoing digital transformation initiatives aimed at enhancing operational efficiencies. Arnold stated, "We are investing in technology and platforms to drive operational excellence and customer eng...

Read the full Grafton Group plc transcript (June 11, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 23 Grafton Group plc earnings call transcripts on record, spanning February 27, 2020 to June 11, 2026. Based on this history, Grafton Group plc reports quarterly. The most recent call on file is dated June 11, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

GFTU

Exchange

LSE

Country

GB

Sector

Industrials

Industry

Trading Companies and Distributors

Calls on record

23

First call

February 27, 2020

Most recent

June 11, 2026

Reporting cadence

quarterly