(Reuters) - Wolseley said the lower profit was due to higher interest
costs and expected that 12-month group trading profit would be
affected by further one-off restructuring costs of around 9
million pounds.
"There are no signs of any upturn in the U.S. housing market
and the timing of any recovery remains uncertain," the world's
largest distributor of plumbing and heating products and
building materials said in a trading update.
Read more at Reuters.com Market News
costs and expected that 12-month group trading profit would be
affected by further one-off restructuring costs of around 9
million pounds.
"There are no signs of any upturn in the U.S. housing market
and the timing of any recovery remains uncertain," the world's
largest distributor of plumbing and heating products and
building materials said in a trading update.
Read more at Reuters.com Market News
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