Ferguson Enterprises — Wolseley — Corporate Update (October 2008)

5 slides from Ferguson Enterprises's corporate update, Oct 23, 2008

Slide 1: Stock Building Supply – Restructuring Announcement
The name the world builds on Stock Building Supply – Restructuring Announcement 23 October 2008 This presentation contains certain forward-looking statements. By their nature, such statements involve uncertainty; as a consequence, actual results and developments may differ from those expressed in or
Slide 2: Background to the review
Background to the review Fundamental review concluded Significant industry overcapacity to remain Stock has considerable long term value creation potential Range of options for the business explored over last six months The name the world builds on 2
Slide 3: Restructuring actions
Restructuring actions Fundamental restructuring announced today including: closure of 86 branches, taking the branch numbers to 209 exiting of 16 markets in 6 states, leaving a presence in 27 states further headcount reductions of around 3,000 people Priority to retain market leading prese
Slide 4: SBS Organisation After Restructure
SBS Organisation After Restructure The name the world builds on 4
Slide 5: WOLSELEY
WOLSELEY