Business Today in 2 Minutes: Wolseley reports strong growth.

THE world's largest supplier of plumbing plumbing, piping systems inside buildings for water supply and sewage. The Romans had a highly developed plumbing system; water was brought to Rome by aqueducts and distributed to homes in lead pipes—hence the name plumbing from the Latin word plumbum and heating products soothed worries over US trading by reporting further strong growth in the UK.

Wolseley Wolseley can refer to: People

Garnet Wolseley, 1st Viscount Wolseley

Businesses

Wolseley plc, a British distributor of building supplies that was formerly active in other sectors

, which owns the Build Center and Plumb Center chains, said it still expected progress over the current financial year, but added that the first half would be the most challenging as a result of a slowing US house market.

In the UK and Ireland, Wolseley said it had seen double-digit revenues growth in the three months to October 31. However, Wolseley said margins in the UK were slightly lower.

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Title Annotation:	Business
Publication:	The Journal (Newcastle, England)
Date:	Nov 30, 2006
Words:	92
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Topics:	Plumbing industry