Ferguson PLC (FERG) has released an update.
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Ferguson PLC has reported a slight increase in Q4 sales to $7.9 billion with a 1.4% growth and a robust operating margin of 10.2%, reflecting strong execution despite market challenges. For the full year, sales dipped marginally by 0.3% to $29.6 billion, nevertheless showing market share gains and stable operating margins. Looking ahead, the company projects modest growth in FY2025 with continued market outperformance and strategic investments to capitalize on long-term opportunities in the U.S. housing and construction sectors.
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