Wolseley operates in six geographic regions – the United States, Canada, the Nordic region, the United Kingdom, Central Europe and France.
The financial results in this section relate to ongoing businesses only.
Wolseley operates in six geographic regions – the United States, Canada, the Nordic region, the United Kingdom, Central Europe and France.
The financial results in this section relate to ongoing businesses only.
6,168£m
Revenue (48% of Group)
389£m
Trading profit
6.3%
Trading margin
6
Business units
1,274
Branches
18,245
Employees
| 2012 | 2011 | +/- | |
|---|---|---|---|
| Like-for-like revenue growth | +8.4% | +8.6% | |
| Trading margin | 6.3% | 5.7% | +0.6% |
Ferguson has no direct competitor that operates across all its markets, and each business unit has its own competitors. These range from large national players, including professional sales from the national home improvement chains, to single branch operations. The market remains fragmented with a large number of small and regional distributors making up the majority of the market. Ferguson has continued to gain market share in the year, growing sales significantly ahead of the market.
In the US we operate six business units. Ferguson is the primary operating brand although a number of other brands have been retained to service specific markets. The business operates in all 50 states and is served by 10 distribution centres across the country that provide next day product availability, a key competitive advantage. Ferguson predominantly serves the RMI markets with relatively low exposure to the residential new construction market.
Figures are for the year ended 31 July 2012