The building materials distributor outlines a five-year plan with double-digit EPS growth and a focus on acquisitions and cash generation.
Grafton Group announced 2030 financial targets, including over GBP 850 million in cumulative free cash flow and annual adjusted EPS growth above 10%. The plan also targets a return on capital employed of around 13%.
The company’s strategy prioritizes organic growth, dividends, and acquisitions while maintaining an investment-grade balance sheet. Lease-adjusted net debt to EBITDA is expected to remain between one and two times.
Ireland and Iberia are identified as key growth drivers, with Iberia’s revenue projected to reach GBP 1 billion by 2030. Other regions, including Great Britain and Northern Europe, are in recovery mode.