Wolseley PLC

CFD on the Wolseley PLC (WOS.L) stock quote.

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Product Type: Stock CFDMarket: LSE
Sector: MaterialsIndustry: Building materials
Country: United KingdomCurrency: GBP
Trading Hours: According to marketMeasurement Unit: Shares
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Description:

Wolseley PLC (re-branded Ferguson PLC since 2017, except in the UK and Canada), is a plumbing and heating product distribution company based in the UK. It’s the world’s largest company of its kind and totals 47,000 employees in 25 countries. The company is listed on the London Stock Exchange and is a component of the FTSE 100.

Interesting Facts:

  • The company announced revenue of $5,191 million for Q1 of 2018, organic change of +7.6%, with US based operations performing best.
  • In 2017, the company decided to sell its subsidiary Stark Group to Lone Star Funds for 1,025 million Euros.
  • Ferguson’s name change was due to the success of business activities in the American market, but Wolseley will keep its name in the United Kingdom and Canada, since they are an established brand in those countries.