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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
Restated
2013
£m
Revenue:          

USA


UK

 

Canada and Central Europe

11,994

 

2,012

 

1,218

9,456

 

1,996

 

1,097

8,343

 

1,987

 

1,138

7,070

 

1,853

 

1,413

6,785

 

1,769

 

1,568

Group 15,224 12,549 11,468 10,336 10,122
Trading profit:          

USA


UK

 

Canada and Central Europe

 

Central costs

966

 

76

 

56

 


(39)

775

 

74

 

53

 


(45)

681

 

90

 

55


 

(43)

546

 

96

 

72


 

(35)

492

 

95

 

80


(42)

Group 1,059 857 783 679 625
Amortisation of acquired intangible assets
(64) (48)
(41)
(15)
(20)
Impairment of acquired intangible assets - (94) (4) - (10)
Exceptional items 229 (4) (2) 27 (13)
Operating profit 1,224 711 736 691 582
Finance costs (43) (36) (43)
(24)
(25)
Share of result of associate (1) - - - -
Profit before tax
Tax
1,180
(292)
675
(210)
693
(215)
667
(199)
557
(185)
Profit from continuing operations 888 465 478 468 372
(Loss) / profit from discontinued operations (105) 185 (265) 36 (76)
Profit attributable to equity shareholders 783 650 213 504 296
Ordinary dividends
Special dividend
(259)
-
(238)
-
(222)
-
(191)
(298)
(173)
(348)
Total dividends (259) (238) (222) (489) (521)
Net assets employed:          
Intangible fixed assets

Property, plant & equipment

Other net assets, excluding liquid funds                      
1,070


808


2,094
1,104


1,434


1,301
1,011


1,164


1,230
1,198


1,226


1,173
1,246


1,263


955
  3,972 3,839 3,405 3,597 3,464
Financed by:          

Share capital

Share premium

 

Retained earnings and other reserves

29

42



3,367

29

42



2,832

29

42



2,529

29

41



2,816

28

27



2,998

Equity attributable to shareholders of the Company
3,438 2,903
2,600
2,886
3,053
Net debt 534 936 805 711 411
Net assets employed 3,972 3,839 3,405 3,597 3,464