Wolseley results show \"further deterioration\" in market

Nov. 18, 2008
Wolseley plc has added to the glut of downbeat interim trading statements, reporting today (November 18) a profit before tax loss of 45% and announcing further mass redundancies. For the three months ending 31 October 2008, the trade distributor of plumbing and heating products to professional contractors experienced a drop in trading profit of around 30%. Pre-tax profit plunged 45%, …

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