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This site is under development and will be the new home of Wolseley plc, the world’s leading specialist distributor of plumbing and heating products, when we change our name to Ferguson plc on 31 July 2017. Please come back then and visit us then. In the mean time, please visit our current live site below for further information Thank you.

www.wolseley.com

Financial performance

 
2017
$m
Restated
2016
$m
Restated
2015
$m
Restated
2014
$m
Revenue:        

USA


UK

 

Canada and Central Europe

15,193

 

2,548

 

1,543

13,808

 

2,915

 

1,602

13,014

 

3,100

 

1,775

11,610

 

3,043

 

2,321

Group 19,284 18,325 17,889 16,974
Trading profit:        

USA


UK

 

Canada and Central Europe

 

Central costs

1,224

 

96

 

71

 

(50)

1,132

 

108

 

77

 

(66)

1,062

 

140

 

86

 

(67)

896

 

158

 

118

 

(57)

Group 1,341 1,251 1,221 1,115
Amortisation of acquired intangible assets
(81) (70)
(64)
(24)
Impairment of acquired intangible assets 0 (125) (6) 0
Exceptional items 218 (6) (3) 33
Operating profit 1,478 1,050 1,148 1,124
Finance costs (54) (71) (11)
(44)
Share of result associate (1) 0 0 0
Profit before tax
Tax
1,423
(370)
979
(307)
1,137
(335)
1,080
(327)
Profit from continuing operations 1,053
672
802
753
(Loss) / profit from discontinued operations (133) 159 (409) 60
Profit attributable to equity shareholders 920 831 393 813
Ordinary dividends
Special dividend
(328)
0
(350)
0
(345)
0
(318)
(493)
Total dividends (328) (350) (345) (811)
Net assets employed:        
Intangible fixed assets

Property, plant & equipment

Other net assets, excluding liquid funds                      
1,413


1,068


2,768
1,460


1,897


1,721
1,579


1,819


1,922
2,023


2,070


1,981
  5,249 5,078 5,320 6,074
Financed by:        
Share capital

Share premium

Profit and loss account and other reserves
45

67

4,431
45

67

3,728
45

67

3,950
45

66

4,762
Equity attributable to shareholders of the Company
4,543 3,840
4,062
4,873
Net debt 706 1,238 1,258 1,201
Net assets employed 5,249 5,078 5,320 6,074