Ferguson Reports Strong FY 2018 - Modern Distribution Management

Ferguson Reports Strong FY 2018

Distributors sales rise 7.6 percent to $20.8 billion.

Ferguson plc reported sales of $20.8 billion for fiscal year 2018, ended July 31, up 7.6 percent compared to fiscal year 2017.

The company said markets in the United States and Canada remained strong, while conditions in the United Kingdom continued to be a challenge. The company reported U.S. sales of $16.7 billion.

Ferguson completed 13 acquisitions during the year, for $415 million, and has made five additional acquisitions since July 31.

 

 

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