Wolseley plc said it had a sixth consecutive year of record trading performance in its preliminary results for the year ended July 31.
Wolseley plc (Reading, U.K.) said it had a sixth consecutive year of record trading performance in its preliminary results for the year ended July 31. The company reported double-digit growth in sales and earnings and continued market outperformance across all principal operations.
The North American Plumbing and Heating Distribution division reported sales of $5.6 billion (U.S.), up 19.7% from $4.7 billion (U.S.) last year. Trading profit for the division of $314 million (U.S.) increased 29.1% from $243 million (U.S.) last year.