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Wolseley is the world's leading specialist distributor of plumbing and heating products. Our businesses hold leading positions in their local markets

The financial results in this section relate to ongoing businesses only.

Regions

Central Europe

  • Leading distributor of heating, plumbing and bathroom products in Switzerland

405£m
Revenue (3% of Group)

21£m
Trading profit

5.2%
Trading margin

2 
Business units

78 
Branches

1,072 
Employees

Key brands

Tobler logo
Wasco logo

5-year performance £m

Graphic: 5-year performance in million pounds: 2011 Revenue: 438, 2011 Trading Profit: 27, 2012 Revenue: 428, 2012 Trading Profit: 31, 2013 Revenue: 424, 2013 Trading Profit: 27, 2014 Revenue: 426, 2014 Trading Profit: 26, 2015 Revenue: 405, 2015 Trading Profit: 21

Quarterly like-for-like revenue growth

Graphic: Quarterly like for like revenue growth: 2014 Q1: -0.5%, Q2: -3.5%, Q3: -3.8%, Q4: 0.1%, 2015 Q1: -7.0%, Q2: 4.6%, Q3: 1.0%, Q4: 3.4%

Regional KPIs

  2015 2014
Like-for-like revenue growth (1.4%) (1.9)%
Trading margin 5.2% 2.8%

 

Business unit portfolio and profile

In Central Europe we operate two businesses, Tobler in Switzerland and Wasco in the Netherlands. The two businesses primarily serve the residential RMI and new residential construction markets.

Revenue by market sector

Graphic: Revenue by market driver pie chart: Non-residential new construction: 7%, Residential RMI: 60%, Non-residential RMI: 11%, Residential new construction: 22%

 
  • Tobler (Switzerland)

    In Switzerland, Tobler is the leading distributor of heating and plumbing products. It operates a national distribution centre and has invested significantly in e-commerce, generating a substantial proportion of its sales online.

    1 
    Market position

    60%
    contribution to 2014/15 revenue

  • Wasco (Netherlands)

    Wasco is a distributor of heating, plumbing and spare parts in the Netherlands. Wasco primarily serves large regional and national contractors, as well as small installers.

    4
    Market position

    40%
    contribution to 2014/15 revenue

Regional profile PDF

Download the latest Central Europe and France profile

 
 

Figures for the year ended 31 July 2015