22nd Jan 2015 07:24
LONDON (Alliance News) - Building materials business Wolseley PLC Thursday said it has decided to explore exit options for its remaining building materials business in France, saying it was continuing to apply "disciplined resource allocation principles to all of its businesses".
In a very short statement, the company said the remaining French building materials business generated revenue of GBP577 million and trading profit of GBP7 million in the year to July 31, 2014, and it had net assets of about GBP130 million at that time.
By Steve McGrath; [email protected]; @stevemcgrath1
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