France Building Materials Business

RNS Number : 8155C
Wolseley PLC
22 January 2015
 



NEWS RELEASE

22 January 2015


Wolseley plc

France Building Materials



The Group continues to apply disciplined resource allocation principles to all of its businesses and has decided to explore exit options for its remaining building materials business in France.  In the year ended 31 July 2014 this business generated revenue and trading profit of £577 million and
£7 million respectively and had net assets of approximately £130 million.

For further information please contact

Wolseley plc

John Martin, Chief Financial Officer

Tel:       +41 (0) 41 723 2230

Mark Fearon, Director of Corporate Communications and IR 

Mobile: +44 (0) 7711 875070

Brunswick (Media Enquiries)

Michael Harrison, Nina Coad

 

Tel:       +44 (0)20 7404 5959


Notes to announcement

Wolseley plc is the world's largest specialist trade distributor of plumbing and heating products to professional contractors and a leading supplier of building materials in North America, the UK and Continental Europe.  Group revenue for the year ended 31 July 2014 was £12,773 million and trading profit was £761 million.  Wolseley has approximately 40,000 employees and is listed on the London Stock Exchange (LSE: WOS) and is in the FTSE 100 index of listed companies.  For more information, please visit www.wolseley.com or follow us on Twitter https://twitter.com/wolseleyplc.

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