LEAMINGTON Spa building products distributor Wolseley has said it will continue to implement measures to cut its cost base.

The firm has seen an increase in revenues and profits in its ongoing businesses. But the total revenue figure was down and profits before tax also took a nosedive.

Reporting its results for the year ending July 31, Wolseley recorded ongoing business revenues of £12.716bn, a 5.4% increase on 2011’s £12.061bn figure.

But the total revenue figure was down from £1......for the full story register now for free or login below...