Building and heating materials group Wolseley has seen profits rise 28%.
The company reported pre-tax profits of £250m for the six months to the end of January, up from £195m in the same period the previous year.
The company, which owns Plumb Center in the UK and Ferguson in the US, said that it had seen strong growth in the US and weakness in Europe.
Wolseley has been restructuring, with the sale of businesses such as Build Center and a number of acquisitions.
Source & Image : BBC
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