WINNERS & LOSERS: Miners slide; Centrica to pay GBP20 million to Ofgem
15th May 2026 10:30
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Friday. Read More
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Friday. Read More
(Alliance News) - Centrica will pay GBP20 million into Ofgem's redress fund and write off up to GBP70 million after the regulator closed its British Gas prepayment meter probe, while Unite Group says reservations for the next academic year remain in line with guidance. Building materials distributor Grafton sees revenue rise despite weaker trading in Great Britain. Read More
(Alliance News) - Grafton Group PLC on Friday said revenue edged higher in the first four months of the year, despite underwhelming trade in Great Britain. Read More
Grafton Group PLC - Dublin-based building materials distributor - Completes acquisition of Spanish, family-owned Mercaluz group, consisting of Componentes Electricos Mercaluz SA, Mercaluz Hogar SLU, EAS Electric Smart Technology SLU and Mercaluz Canarias SLU. Back in March, Grafton noted the total consideration is up to EUR175 million but expected to total around EUR165 million on a cash and debt free basis. Mercaluz, based in Alicante province, distributes domestic and commercial air conditioning equipment to professional specialist mechanical engineer installers and holds European rights to the "fast-growing" brand Johnson. Grafton says the purchase reinforces its position in the "fast-growing" Iberian heating, ventilation and air conditioning market. Read More
Grafton Group PLC - Dublin-based building materials distributor - Completes acquisition of Cork, Ireland-based Cygnum Holdings Ltd. Cygnum is a supplier of made-to-order offsite timber frames for the Irish housebuilding market. The deal was first announced last month. Cygnum reported revenue of EUR45.6 million in its 2025 financial year. The financial details of the transaction were not disclosed. Read More
Grafton Group PLC - Dublin-based building materials distributor - agrees to acquire the Spanish, family-owned Mercaluz group, consisting of Componentes Electricos Mercaluz SA, Mercaluz Hogar SLU, EAS Electric Smart Technology SLU and Mercaluz Canarias SLU. Consideration is up to EUR175 million but Grafton expects it to total approximately EUR165 million. Mercaluz, based in the Iberian Peninsula's Alicante province, distributes domestic and commercial air conditioning equipment to professional specialist mechanical engineer installers, and holds European rights to the "fast-growing" brand Johnson. Grafton notes Mercaluz's "strong growth in 2025", including unaudited revenue of EUR150.4 million and adjusted operating profit of EUR22.2 million. Says the acquisition consideration will be determined following completion of the statutory audited results. Expects the takeover to be earnings-enhancing in its first full financial year, followed by an "attractive" medium-term return on invested capital. Also notes that Spain "was amongst the best performing economies in Europe last year", with the construction sector forecast to grow by between 3% and 4% this year. Read More
(Alliance News) - Grafton Group PLC on Tuesday said it will acquire 100% of Irish timber frame solution supplier Cygnum for an undisclosed amount "in line with market precedents", pending regulatory approval by the Irish Competition & Consumer Protection Commission. Read More
(Alliance News) - Grafton Group PLC on Thursday shared an "upbeat" outlook, raising its annual payout and outlining a new buyback scheme. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - Grafton Group PLC on Tuesday said it traded in line with expectations in 2025, despite a backdrop of "challenging macroeconomic conditions". Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - Stock prices in London were lower at midday on Thursday, with the FTSE 100 lagging behind its European peers as weak corporate updates and ex-dividend shares offset gains elsewhere. Read More
(Alliance News) - Grafton Group PLC on Thursday noted some softening in activity levels from earlier in the year but said it was on track to deliver adjusted operating profit growth in line with an analysts' forecast. Read More