Why invest in Wolseley?
We are the world's leading specialist plumbing and heating distributor focused primarily on the Repair, Maintenance and Improvement "RMI" markets.
These markets are attractive and fragmented with excellent growth opportunities.Our knowledge, local coverage and national scale enable us to operate efficiently and provide a high level of customer service.
Our strategy is to drive profitable growth in our businesses and therefore deliver great, sustainable returns for our shareholders.
Benefits of scale
Our scale brings substantial operating
- Largest plumbing and heating distributor in the world
- Benefits of scale in procurement, operations, supply chain and technology
- Market leading positions (82 per cent of revenue generated through No. 1 or No. 2 market share positions)
Attractive growth opportunities
Fragmented markets provide attractive growth opportunities
- Strong sales culture
- Fragmented markets
- Low risk bolt-on M&A opportunities
- Quick, reliable payback from branch expansion
Consistent good trading profit margins
Excellent returns on capital
Return on gross capital employed
Dependable and progressive ordinary dividends
Total ordinary dividend