Wolseley
Article Abstract:
Wolseley is a cinstruction materials company that has seen its stock rice affected by a general lack of confidence in the sectordue to concerns about interest rates. The company's stock price has also been affected by a warning that profit estimates were too high, but the drop in the stock price appears to be an overreaction. The company should see organic sales growth from US activities of some 12% in 2000, according to Teather and Greenwood. The company aims to enter the German market, though fragmentation in this market could hamper it from achieving this goal.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
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Wolseley
Article Abstract:
Wolseley has a strong cash flow and good past record, so is well placed if conditions are difficult.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
Wolseley
Article Abstract:
Wolseley could be affected by an economic slowdown in the US, though this may be less problematic than was first envisaged. The company's growth record is strong, and it has moved into the market in Canada.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2001
User Contributions:
Comment about this article or add new information about this topic: