Grafton ( (GB:GFTU) ) just unveiled an announcement.
Grafton Group plc successfully held its Annual General Meeting on May 8, 2025, where all proposed resolutions were passed. These resolutions included the approval of financial statements, the declaration of a final dividend, the re-election of several directors, and the authorization for market purchases of the company’s shares. The meeting also confirmed PricewaterhouseCoopers as auditors and set the remuneration for the year. The resolutions were supported by a significant majority, indicating strong shareholder confidence in the company’s governance and strategic direction.
Spark’s Take on GB:GFTU Stock
According to Spark, TipRanks’ AI Analyst, GB:GFTU is a Outperform.
Grafton Group presents a strong financial foundation and attractive valuation metrics. Effective cost management supports solid gross margins, although challenges in profitability and cash flow management are notable concerns. Technical indicators suggest cautious optimism due to upward momentum with some resistance noted. These factors combined result in a moderate overall stock score, balanced by its valuation attractiveness and robust financial underpinnings.
To see Spark’s full report on GB:GFTU stock, click here.
More about Grafton
Average Trading Volume: 389,912
Technical Sentiment Signal: Strong Buy
Current Market Cap: £1.83B
For detailed information about GFTU stock, go to TipRanks’ Stock Analysis page.