30th Mar 2020 10:43
(Alliance News) - Grafton Group PLC on Monday said it has closed its stores in Ireland amid new restrictions imposed by the government to slow the spread of the Covid-19.
The building materials distributor said it has shut the Woodie's do-it-yourself, Home & Garden business and scaled down the operations of the distribution business in the Republic of Ireland. This will supply materials on a delivery-only basis to essential health projects, critical road and utility infrastructure, and emergency supplies to businesses and homes.
"Our primary concern at this time is the health and well-being of our colleagues, customers, business partners and the communities where we operate, and we will continue to monitor and respond as appropriate to the advice of governments and health authorities in each of our markets," the company said in its statement Monday.
FTSE 250-listed Grafton shares were trading 8.1% lower in London on Monday at 502.00 pence each.
By Evelina Grecenko; [email protected]
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