|Bid||4,300.00 x 3000|
|Ask||5,500.00 x 22800|
|Day's Range||4,703.00 - 4,799.00|
|52 Week Range||3,721.00 - 5,285.00|
|PE Ratio (TTM)||19.85|
|Dividend & Yield||1.32 (2.13%)|
|1y Target Est||N/A|
Wolseley, the plumbing and heating equipment supplier, posted a sharp rise in revenue in its core US market although margins suffered as a result of higher operating costs. Like-for-like revenue in the ...
Heating and plumbing products supplier Wolseley forecast full-year trading profit in line with consensus, but its shares fell as much as 4.5 percent on Tuesday as higher costs dragged down margins in its largest market, the United States. Wolseley, which is set to change its name next month to match its U.S. brand Ferguson, said margins in the business fell 90 basis points to 8.5 percent over the three months ended April 30.
Euro zone shares rose on Tuesday, bolstered by another day of gains for tech and retail sectors, while gains on Britain's top indices were weighed down by a few dour corporate updates. Euro zone blue chips rose 0.4 percent while the broader regional index was up 0.3 percent. In the UK, gains on the FTSE 100, the worst performing major benchmark in Europe this year, were held in check by weakness in Wolseley and BT.