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London consultants are increasingly seeking to certify their professional achievements by attaining Chartered Consultant status, following the launch of the professional qualification last year. More than 3,000 consultants are currently working towards gaining Chartered status, while more than 600 have already got it, according to new figures from the Management Consultancies Association (MCA). The news [...]
Hospitality groups, including the owner of London's Wolseley restaurant, are set to bring lawsuits to Axa insurance over Covid-related losses, according to reports.
Ferguson has named Simon Oakland as interim chief executive of Wolseley to replace current boss Mark Higson, as the group continues preparations to spin off Wolseley next year. Higson is stepping down at the end of January to become chief executive of building services company Algeco, and Ferguson has begun a search for a permanent [...]
Ferguson managed to report climbing revenue and profit today despite taking a hit in the UK, where it trades as plumbing firm Wolseley. The figures Revenue grew 7.6 per cent year on year to $20.7bn (£15.9bn) in the year to the end of July, while trading profit increased almost 15 per cent to $1.5bn. Its [...]
Wolseley shares rose 1.2 per cent in early trading after it posted a 52 per cent rise in pre-tax profit for the year. The heating and plumbing products supplier reported revenues of £13.1bn for the year to the end of July. Pre-tax profit stood at £698m, compared with £460m a year earlier. The [...]
PLUMBING supplier Wolseley reported a 5.1 per cent rise in third-quarter like-for-like sales yesterday as strong performance in the US and the Nordics helped to offset disappointing results in its home market. The company, which operates the Plumb Center and Ferguson in the US and Britain, said it expects to grow revenues by four per [...]
BRITAIN’S top share index edged lower in light trade yesterday, with most stocks falling in thin volumes ahead of the European Central Bank’s meeting this week. Substantial buying of shares in plumbing supplier Wolseley provided some support. Wolseley rose 1.6 per cent to be the top FTSE 100 gainer, after it reported a 5.1 per [...]
Wolseley, the world's largest plumbing and supplies group, has seen a slight rise in trading profit for ongoing businesses of 0.6 per cent to £155m, in the third quarter. However, exchange rate movements were unfavourable to the company hitting trading profit by £12m. Strong growth in the Nordics and the USA managed to to head off more [...]
BRITISH plumbing supplies group Wolseley yesterday confirmed it is in talks to sell off its Austrian business OAG, as it looks to streamline the company. The FTSE 100-listed firm expects to sell the underperforming unit to subsidiaries of Vienna-headquartered peer Frauenthal Holding for around £25m. Wolseley said the transaction would generate a small loss on [...]
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 [...]
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