We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.

logo
  • Engineers & Specifiers
  • Contractors & Installers
  • Wholesalers & Distributors
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Free Subscription
  • Sign In
  • Create Account
  • Sign Out
  • My Account
  • PRODUCTS
    • Bath & Kitchen
    • Fire Protection
    • HVAC
    • Hydronics/Radiant
    • Plumbing
    • PVF
    • Tools
  • PROJECTS
    • Commercial
    • Green Building
    • MRO/Retrofit
    • Remodeling
    • Residential
  • HOW TO
    • Design
    • Fire Protection
    • Legal Matters
    • Management
  • BUSINESS
    • Buying Groups
    • Technology
    • Associations
  • CODES & STANDARDS
    • ANSI
    • ASHRAE
    • ASSE
    • Regulations
    • Green Building
    • IAPMO
    • ICC
    • NFPA
  • RESOURCES
    • PROS REPS
    • Media Kit
    • Advertise
    • Contact Us
    • Classifieds
    • Digital Editions
    • Behind the Wall
    • Webinars
    • AHR Live 2023
  • PODCASTS
  • DIGITAL EDITIONS
Home » Ferguson reports overall revenue growth of 13 percent

Ferguson reports overall revenue growth of 13 percent

April 2, 2015

Newport News, Va. – Ferguson reported overall growth of 13 percent, increasing its revenue 11.7 percent on a like-for-like basis, which measures growth of Ferguson’s existing stores or branches that have been open for at least one year. Like-for-like growth was up from 6 percent for the same time period last year and 8 percent at 2014 fiscal year end. Acquisitions contributed 3 percent of additional revenue growth. Ferguson’s trading margin reached a record high of 7.9 percent, up from

7.7 percent at 2014 fiscal year end. Trading profit was 21.9 percent ahead of last year.

“Once again, our associates delivered an outstanding performance,” said Ferguson

CEO Frank Roach. “Our focus on providing the best possible Ferguson experience to our customers nationwide drove record results.”

Ferguson gained market share in all of its businesses. The renovation, maintenance, improvement (RMI), residential new construction, commercial and industrial markets all continued to grow steadily. Ferguson’s blended branches (locations which serve both residential and commercial customers) continued to grow strongly across all significant regions from a combination of growing markets and good market share gains. The waterworks, industrial and B2C e-commerce businesses all grew very strongly during the first half, and Ferguson’s fire and fabrication and HVAC businesses also generated good growth.

The company closed six acquisitions in the first six months of the year, including Pollard Water, an online Waterworks business; Powell Pipe & Supply and McFarland Supply, both plumbing businesses; City Lights & Design, a lighting showroom, Global HVAC, and Ship Pac, a facilities maintenance packing business.

Visit www.ferguson.com

Industry Community News Wholesalers & Distributors
  • Related Articles

    HARDI reports 5.6 percent revenue increase

    Ferguson Grows Revenue By More Than 10 Percent

    HARDI Distributors Report 2.7 Percent Revenue Growth in August

Most Popular

  • Watts Sales Exec Summits Mount Everest

  • Uponor Celebrates Grand Opening of New Experience Center

  • Carrier Launches New Indianapolis Technical Training Center to Address HVAC Technician Shortage

  • Building a Company Through Teamwork and the Next Generation

Featured Video

Dan video 4

Dan Foley on U.S. Boiler Company's Alta Boiler: Ease of Service

Industry Events

  • 05Oct

    PVF Roundtable TroutBlast Fishing Tournament

  • 08Oct

    2023 SFPE Annual Conference & Expo

    North Bethesda, MD
  • 09Oct

    2023 AD PHCP North American Meeting

    Phoenix, AZ
More Events

Subscribe to our newsletters & stay updated

Subscribe & Learn More

  • Tw10 2023 cover
    Learn More
  • Pe10 2023 cover
    Learn More
  • Phc10 2023 cover
    Learn More
  • Es 2022
    Learn More
Subscribe

More from PHCP Pros

  • Editorial Team
  • Home
  • Contact Us
  • About
  • Advertise

Follow Us

© 2023 All Rights Reserved

Design, CMS, Hosting & Web Development | ePublishing