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Could Wolesley profits mean more jobs for plumbing course attendees?

Wolesley has unveiled its financial statement for the previous quarter and shown a significant increase in profits, which may bode well for plumbing course students eager to find work in the future.

The plumbing firm revealed that in the three months to October 31st 2010 the organisation saw revenue grow by two per cent and trading profit go up by 39 per cent.

Ian Meakins, chief executive of Wolesley, announced that most of its international markets improved during the time period, including the UK, which could mean the company may look to hire tradesmen with plumbing course qualifications to match this expansion.

"We continue to focus on improving customer service, growing market share, driving efficiencies and generating strong cash flow," said Mr Meakins.

This week, the firm also announced it has applied to have 84,949 ordinary shares added to its official listings at 10p each, with the assets able to be traded on the London Stock Exchange.

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