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
    • Media Kit
    • Advertise
    • Contact Us
    • Classifieds
    • Digital Editions
    • Behind the Wall
    • Webinars
  • BUYER'S GUIDE
  • DIGITAL EDITIONS
Home » Ferguson Grows Revenue By More Than 10 Percent

Ferguson Grows Revenue By More Than 10 Percent

March 27, 2018
No Comments
Ferguson-Logo

Ferguson’s parent company, Ferguson plc, the distributor of plumbing and heating products, announced its financial results for the first-half of the 2018 fiscal year, which runs Aug. 1 through July 31.

In the U.S., Ferguson reported overall growth of 10.6 percent, including 1.8 percent coming from acquisitions.  All of Ferguson’s businesses saw revenue growth, with Blended Branches (locations serving both residential and commercial customers) growing well across all regions. Total e-commerce now represents 23 percent of U.S. revenues, and the B2C ecommerce business continues to grow. Gross margins improved, and trading margin was 8.2 percent and trading profit was 15.7 percent ahead of last year.

“Our strong results are attributed to the phenomenal performance our associates deliver each and every day,” said CEO Kevin Murphy. “We will continue to invest in areas that support future profitable growth and deliver the best possible Ferguson experience to our customers.”

Visit www.ferguson.com.

Business Contractors & Installers E-Commerce Engineers & Specifiers Industry Community News Wholesalers & Distributors
  • Related Articles

    Ferguson Grows Revenue By More Than 10 Percent

    Ferguson Grows Revenue by More Than 12 Percent

    Ferguson grows revenue by 12 percent

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular

  • Saniflo USA Donates to Virginia Technical Institute

  • Louisville Water Uncovers Ancient Check Valve Dating Back to the 1870s

  • Brooke Chase Associates Recruits Dale Fields as CEO, USA for Jmatek

  • Merit Brass Co. Acquires Supply Source Products

Featured Video

Merit video june

Merit Brass Merit Press Technology in Copper & Stainless to Save You Time & Money

Industry Events

  • 09Aug

    PVF Roundtable Q3 Networking Meeting

    Houston , TX
  • 08Sep

    SFPE Forum on Fire Protection Engineering: Challenges in Storage

    Wheeling, IL
  • 11Sep

    IAPMO 93rd Annual Education and Business Conference

    Charlotte, NC
More Events

Subscribe to our newsletters & stay updated

Subscribe & Learn More

  • Tw06 2022 cover
    Learn More
  • Pe06 2022 cover
    Learn More
  • Phc06 2022 cover
    Learn More
  • Es07 2020
    Learn More
Subscribe

More from PHCP Pros

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

Follow Us

© 2022 All Rights Reserved

Design, CMS, Hosting & Web Development | ePublishing