United Kingdom | Saturday, 22 November 2008

Wolseley Articles

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1. Wolseley to close 86 U.S. branches and cut 3,000 jobs
Wolseley said on Thursday it planned to restructure its loss-making U.S. building materials business by closing branches, leaving some states and cutting another 3,000 jobs.
23 Oct 2008
2. Wolseley profit drops 28%
Building materials firm Wolseley said on Wednesday that its trading profit fell 28 per cent in the 11 months to 30 June. Revenue at the company was up only one per cent in the period.
16 Jul 2008
3. Wolseley warns on trading
Building materials group Wolseley reported a 23 percent fall in first-half trading profit on Monday and warned that business conditions in its major markets would become more challenging.
17 Mar 2008
4. Wolseley profit tumbles
Building products retailer Wolseley reported a 25 percent fall in five month trading profit on Monday and warned that a worsening U.S. housing market is spreading to home repairs and improvement sector and across Europe, sending its shares down 12 percent.
21 Jan 2008
5. Wolseley profit falls on weak U.S. housing
Wolseley reported its first profit fall in more than a decade on Monday, and warned that weakness in the U.S. housing market was spilling over into repairs and maintenance.
24 Sep 2007
6. Wolseley says U.S. non housing market solid
Wolseley reported a smaller than expected 8.3 percent fall in half year pretax profit and said U.S. non residential markets remained solid, although the housing sector remains tough.
19 Mar 2007
7. Cinven eyes takeover of Wolseley: report
Private equity firm Cinven is in the early stages of considering a 10 billion pound plus bid for Wolseley Plc, London's City AM newspaper reported on Wednesday.
14 Feb 2007
8. Wolseley Affected by US Housing Market
Wolseley Plc held an AGM today at noon in which it gave an update on current trading conditions.
29 Nov 2006
9. Wolseley profit leaps and shares fall
Britain based building and plumbing supplier Wolseley posted underlying year profits at the top end of forecasts on Monday
25 Sep 2006
10. Wolseley to buy DT Group
Plumbing and building supplier Wolseley agreed on Monday to buy Danish rival DT Group from CVC Capital for about 1 billion pounds cash as it plans a Nordic buying spree.
24 Jul 2006
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