Wolseley shares gain despite European trading hit March 25, 2014 Wolseley, the world’s largest plumbing supplies group, has said strong trading in the UK and US lifted its profit – though it saw more challenging conditions in Continental Europe. Profit before tax came in at £316m in the half year ended in January – up 63.7 per cent on a year earlier. Trading profit rose [...]
Wolseley to slash more jobs July 14, 2008 Wolseley, the heating and plumbing supplier, plans to cut hundreds of jobs due to the downturn in its core American and European markets. The move is yet further evidence of the looming recession facing the UK economy in general and housing related industries in particular. The firm, which employs around 14,000 people in Britain, already [...]