BNET Industries

Last Fiscal Year Sales:$32.8B
  • Public
  • UK
Dow Jones Description

Heating & Plumbing Supplies, Materials & Services

Number of Employees 74,000
Contact Information

Parkview 1220

Theale RG7 4GA

www.wolseley.co...

(44) 118 929 8700

NAICS Code Home Centers: 444110

Recent Events

  • Wolseley's first-quarter sales down 13%

    11/18/09 - Financial Announcement - View Story

  • Wolseley Records £1.17B Loss for FY 2009

    10/06/09 - Financial Announcement - View Story

  • A leaner Stock Building Supply exits Chapter 11 bankruptcy

    7/01/09 - Financial Announcement - View Story

  • Hornsby resigns as head of Ferguson Enterprises' parent company

    6/30/09 - Mgmt. Change Leaving - CEO - View Story

  • Wolseley CEO steps down from post

    7/01/09 - Mgmt. Change Entering - Other - View Story

  • Wolseley's profit plunges, layoffs continue

    5/29/09 - Joint Venture / Alliance - View Story

News & Analysis

wolseley plc. - All News and Analysis

  • Wolseley 3-month Profit Drops 45 Pct

    ReutersUK - 2009-11-18

    LONDON (Reuters UK) - Building supplies company Wolseley WOS warned on Wednesday that market conditions were still challenging as it reported weaker quarterly sales and profits.Wolseley, which is the world's largest builders merchant distributor, said underlying profit from continuing operations fell 45 percent to 76 million pounds in the three...

    Tags: Pound, Wolseley Plc., Sales Strategy, Sales, Oukbs

  • Wolseley to raise Pounds 1bn by placing and rights issue

    - 2009-03-07

    Company wants partner for US Stock business WOLSELEY, THE building supplies company, unveiled its much- anticipated restructuring plan yesterday, including a 1bn capital raising effort. The group has struggled to reduce its 2.5bn debt as housing markets on both side of the Atlantic have nosedived....

    Tags: Wolseley Plc.

  • Wolseley mulls Pounds 1bn rights issue

    - 2009-03-06

    Business in brief CONSTRUCTION Wolseley, the beleaguered building supplies company, is considering a rights issue to raise funds to help pay down its 3bn debt. The structure of the scheme is yet to be finalised but the group reportedly hopes to raise 1bn through a placing and...

    Tags: Wolseley Plc.

  • Wolseley powered by cash-call prospects

    - 2009-02-13

    Market Report WOLSELEY RALLIED last night, gaining 5.6 per cent, or 11.7p, to 218.75p as investors bought in on the prospect of an improvement in the building -supplies group's finances. The gale-force headwinds in the housing market, coupled with a growing aversion to debt in...

    Tags: Wolseley Plc.

  • Sterling's slump adds to Wolseley's woes

    - 2009-01-27

    Investment Column Our view: Sell Share price: 201p (-85p) Things are going from bad to worse in the housebuilding and construction industries. The British plumbing and heating supplies group Wolseley said yesterday that its half-year profit would more than halve as housing markets...

    Tags: Wolseley Plc.

  • Wolseley cost-cutting expected as debt mounts

    - 2009-01-26

    The Week Ahead DEBT AND covenants are likely to be the key talking points when Wolseley posts a trading update for the five months to the end of December. The construction materials group's 2bn-plus debt pile has evoked concern among analysts ever since the housing...

    Tags: AstraZeneca Plc., Wolseley Plc.

  • Wolseley in talks to raise up to Pounds 400m

    - 2009-01-19

    Business in brief CONSTRUCTION Wolseley, the building- materials giant which has 5,000 branches in 27 countries, including the Plumb Center in the UK, is in talks with investors and private equity groups to raise between 300m and 400m in rescue fundraising. Wolseleys debts have spiralled to 2.7bn...

    Tags: Wolseley Plc.

  • Fears of rights issue at Wolseley as plumber cuts another 2,300 jobs

    - 2008-11-19

    Wolseley, the troubled plumbing and building materials group, yesterday refused to rule out the need for a rights issue next year as the company struggles against what it described as "unprecedented circumstances". The group, which owns the Plumb Center and Build Center chains and supplies the construction industry,...

    Tags: Wolseley Plc.

  • Wolseley to axe dividend to keep debt in check

    - 2008-09-23

    WOLSELEY posted plummeting full-year profits yesterday, but its shares soared after the plumbing and building materials company vowed to remain within its banking covenants and take a further axe to costs. The group unveiled a fresh series of measures to combat dire trading in the US, UK and...

    Tags: Wolseley Plc.

  • Hopes rise Wolseley can build on US bailout

    - 2008-09-22

    THE WEEK AHEAD NERVOUS INVESTORS will have their fingers crossed for Wolseley, the construction materials group, which is due to publish its final results today. The company has seen its share price plummet amid fears that, faced with tougher conditions in the US and UK...

    Tags: Wolseley Plc.

Decision Makers

Name (plus bio) Position
Claude A.S. Hornsby CEO
Frank Roach CEO, North America
Adrian Barden Chief Business Dev Officer
Charles Banks Group Chief Executive
Larry Stoddard Coo
Stephen P. Webster Cfo
Dan Parr Vice President, Acq & Business Integration, North America
Nigel Sibley Managing Director
Bob Mason Hr Director
Guy Stainer Director, Ir
Ian Tillotson Commercial Development Director
Mark Eburne Director, Development Brands
Mark Harrison Supply Chain Director
Matt Neville Finance Director
Penny Studholme Director, Corp Comm
Alain Michaelis
Claude Chip
Claudio Manzardo
FNW Ferguson
John Stegeman
Wolseley Canada

Board of Directors

Name (plus bio) Position
A. J. Duff Board of Directors
Aandrew J. Duff Board of Directors
Andrew J Duff Board of Directors
G. Davis Board of Directors
Gareth Davis Board of Directors
James I K Murray Board of Directors
Nigel Stein Board of Directors

Organization Position Status
Wolseley Plc CEO Current
Wolseley Plc Board of Directors Current
Wolseley Plc Executive Director Former

Organization Position Status
Wolseley Plc CEO, North America Current
Ferguson Enterprises Inc Current
Wolseley Plc Board of Directors Current

Organization Position Status
Wolseley Plc Chief Business Dev Officer Current
Wolseley Plc Senior Vice President Former

Organization Position Status
Wolseley Plc Group Chief Executive Current
Ferguson Enterprises Inc Chief Executive Former

Organization Position Status
Wolseley Plc Coo Current

Organization Position Status
Wolseley Plc Cfo Current
Wolseley Plc Board of Directors Current
Wolseley Plc Group Director, Finance Former

Organization Position Status
Wolseley Plc Vice President, Acq & Business Integration, North America Current

Nigel joined Wolseley in October 2005 from the Rank Group, and managed the acquisition and integration of Brandon Hire. He was promoted to managing director in October 2006.

Organization Position Status
Wolseley Plc Managing Director Current

Bob joined Wolseley UK with considerable experience from BT and London Underground. He has overall responsibility for all HR functions, ensuring that HR underpins the company's ambitious growth plans.

Organization Position Status
Wolseley Plc Hr Director Current

Organization Position Status
Wolseley Plc Director, Ir Current

Ian was one of the three founder directors of HRPC (Heating Replacement Parts & Controls) in 1975 and became Managing Director in 1993. Ian took on the role as Commercial Development Director in 2004 and is responsible for many projects within Wolseley UK, including the development of the Electric Center and William Wilson Plumbing & Heating businesses.

Organization Position Status
Wolseley Plc Commercial Development Director Current
Wolseley Plc Managing Director Former

Mark joined Wolseley UK in October 2006 from National Grid Metering, where he was chief operating officer. Mark's primary focus will be to continue the development and growth of Wolseley's businesses in Ireland, Brooks and Heat Merchants. He will also complete the integration process for Brandon Hire, and prepare it for the next stage of its growth.

Organization Position Status
Wolseley Plc Director, Development Brands Current

Mark heads the team responsible for the UK distribution network, transport fleet, and product management. He brings considerable experience to the company having worked previously, for PepsiCo, both in the UK and Ireland and internationally. Prior to that Mark was with British Sugar and Mars in various supply chain roles.

Organization Position Status
Wolseley Plc Supply Chain Director Current

Matt joined the company in May 2001 from Price Waterhouse Coopers. As well as maintaining overall responsibility for the provision of financial information, and corporate mergers and acquisitions, he leads a head office team providing finance, treasury, sales ledger and purchase ledger support to the businesses.

Organization Position Status
Wolseley Plc Finance Director Current

Organization Position Status
Wolseley Plc Director, Corp Comm Current

Organization Position Status
Tenneco Automotive, Inc. Senior Vice President Current
Wolseley Plc Current
INSEAD MBA Former
University of London Bachelor's Degree In Engineering Former

Organization Position Status
Wolseley Plc Current
Ferguson Enterprises Inc Chief Executive Officer Former
Ferguson Enterprises Inc President Former

Organization Position Status
Wolseley Plc Current

Organization Position Status
Wolseley Plc Current

Organization Position Status
Wolseley Plc Current

Organization Position Status
Wolseley Plc Current

Organization Position Status
Wolseley Plc Board of Directors Current

Organization Position Status
Wolseley Plc Board of Directors Current

First appointed to the Board on 1 July 2004. He is Chairman of the Remuneration and a member of the Nominations Committee. Mr Duff is Chief Executive of RWE npower plc. He spent 14 years at BP plc where he held leading positions in marketing and oil trading and was latterly the Director of Strategic Planning for BP Oil, USA. Mr Duff is the Chairman of the Electricity Retail Association and is a member of the CBI President's Committee. Age 47.

Organization Position Status
Wolseley Plc Board of Directors Current
BP plc Director of Strategic Planning Former

Organization Position Status
Wolseley Plc Board of Directors Current

Organization Position Status
Imperial Tobacco Group plc CEO Current
Imperial Tobacco Group plc Chief Executive and Director Current
Nottingham Company Inc. Current
Wolseley Plc Board of Directors Current
Imperial Tobacco Group plc Board of Directors Current
Wolseley Plc Non-Executive Director Former
Hanson PLC Former

Organization Position Status
Wolseley Plc Board of Directors Current

Organization Position Status
GKN plc CEO, Autommotive Current
Wolseley Plc Board of Directors Current
Gkn Sinter Metals Chief Financial Officer Former
Gkn Sinter Metals Senior Vice President, Finance Former
Wolseley Plc Non-executive Director Former
Laird Security Systems Limited Former
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