Wolseley reported first quarter revenue in the USA was 10% ahead of last year, owing in part to strengthening of the U.S. dollar.
Wolseleyreported first quarter revenue in the USA was 10%
ahead of last year, owing in part to strengthening of the U.S. dollar. Demand
in Residential and RMI markets continued to improve and the business made good
progress in the Industrial and Waterworks sectors. Demand in the
Commercial sector remained subdued.
generated revenue 16% ahead of last year, also due in part to the strengthening
of the Canadian dollar. The growth trends continued to reflect positive
economic factors although these have moderated recently. The Waterworks
and Industrial PVF businesses continued to perform strongly.
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Wolseley Reports 1Q Gains
December 7, 2010