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Wolseley PLC (WOSYY.PK)

WOSYY.PK on OTC Markets Group

6.22USD
24 Mar 2017
Change (% chg)

$-0.08 (-1.27%)
Prev Close
$6.30
Open
$6.23
Day's High
$6.28
Day's Low
$6.20
Volume
112,075
Avg. Vol
301,472
52-wk High
$6.38
52-wk Low
$4.62

Latest Key Developments (Source: Significant Developments)

BBA Aviation says David Crook to succeed Mike Powell as group finance director
Wednesday, 1 Mar 2017 02:00am EST 

Bba Aviation : David Crook to succeed Mike Powell as group finance director . Mike Powell, group finance director, has resigned in order to take up role of Chief Financial Officer of Wolseley PLC . Powell will be leaving group on 31 st may 2017 .David Crook, currently group financial controller, to position of finance director with effect from 1st June 2017.  Full Article

Wolseley to merge Swiss plumbing, heating unit with Walter Meier AG
Tuesday, 21 Feb 2017 02:00am EST 

Wolseley Plc : Proposed merger of Tobler with Walter Meier . Wolseley has signed an agreement to merge Tobler, its Swiss plumbing and heating business, with Walter Meier .If it is completed, Wolseley expects to receive cash consideration of CHF117.8 million and a 39.2 pct minority holding.  Full Article

Wolseley first-quarter profit rises
Tuesday, 6 Dec 2016 02:00am EST 

Wolseley Plc : Q1 interim management statement . Revenue 5.2 pct ahead of last year at constant exchange rates, including like-for-like growth of 1.8 pct . Gross margin of 28.3 pct was 0.3 pct ahead of last year . Trading profit of 303 million stg was 1.4 pct ahead of last year at constant exchange rates . Like-for-like revenue in UK was 2.9 pct lower than last year . Like-for-like revenue growth since end of quarter has been in line with Q1 results . Four acquisitions completed in quarter, and one since quarter end, for total consideration of 216 million stg . Our other markets were more challenging as UK heating market was weak and Nordic construction markets deteriorated .Expect group trading profit to be in line with analyst expectations at current exchange rates.  Full Article

Wolseley to close 80 branches, one distribution centre in UK
Tuesday, 27 Sep 2016 02:00am EDT 

Wolseley Plc : Final dividend 66.72 penceper share . Total dividend 100 penceper share . FY revenue 4.2 pct ahead of last year at constant exchange rates, including like-for-like growth of 2.4 pct . Gross margin of 28.3 pct, 0.3 pct ahead of last year . Demand across our markets remains mixed, with some uncertainty in economic outlook . Expect to incur restructuring charges of about 100 mln stg of which 70 mln stg is cash . Closure of around 80 branches and one distribution centre in the UK unit is expected to lead to up to 800 job losses . Like-For-Like revenue growth in new financial year has been 1.5 per cent for group and 4.5 per cent in U.S. . Changes in foreign exchange rates increased revenue by 552 mln stg, trading profit by 46 mln stg and net debt by 149 mln stg . Net debt of 936 mln stg (2015: 805 mln stg) after 538 mln stg of dividends and share buybacks . Record trading profit of 917 mln stg . Demand across our markets remains mixed, with some uncertainty in economic outlook - CEO . Confident that Wolseley will make further progress in year ahead . Are confident that Wolseley will make further progress in year ahead - CEO .Transformation will take two to three years and is expected to generate 25 mln stg to 30 mln stg of annualised cost savings when complete.  Full Article

Wolseley Plc announces CEO and CFO succession
Monday, 18 Jan 2016 02:00am EST 

Wolseley Plc:Says that Ian Meakins, chief executive officer (CEO) expects to retire on Aug. 31, 2016.Says that John Martin, who joined Wolseley in 2010 as chief financial officer (CFO), will succeed Ian as CEO.Says appointment of Simon Nicholls as CFO.  Full Article

Wolseley Plc says final ordinary dividend of 60.5 pence per share will be paid on 3 December
Tuesday, 10 Nov 2015 02:00am EST 

Wolseley Plc:Final ordinary dividend of 60.5 pence per share will be paid on 3 December 2015.  Full Article

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BRIEF-Wolseley to merge Swiss plumbing, heating unit with Walter Meier AG

* Wolseley has signed an agreement to merge Tobler, its Swiss plumbing and heating business, with Walter Meier