Reuters logo
BRIEF-Wolseley Q3 trading profit rises
June 20, 2017 / 6:24 AM / 3 months ago

BRIEF-Wolseley Q3 trading profit rises

June 20 (Reuters) - Wolseley Plc:

* Q3 trading profit at ‍254​ million stg versus 232 million stg year ago

* Q3 revenue of 4.27 billion stg versus 3.66 billion stg year ago

* Net debt at April 30 of ‍1,132​ million stg

* Q3 ‍gross margin of 28.5 pct was 0.1 pct ahead of last year

* Name change to Ferguson Plc will become effective on 31 July 2017

* Q3 like-for-like revenue in the UK was 0.4 pct lower than last year including inflation of 3 pct

* In Q3, repairs, maintenance and improvement markets remained weak​

* ‍“Group expects trading profit for full year to be in line with current analyst consensus expectations” - CEO​

* ‍“Since end of period revenue growth has been broadly in line with Q3, gross margins and cost control have been good” - CEO​ Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below