4u Created
Image default

Ferguson expects 2023 net sales growth in low single digits By Reuters

© Reuters.

(Reuters) – Ferguson Plc, a U.S.-focused plumbing supplies provider, said on Tuesday its net sales growth for fiscal 2023 was expected to be in low single digits after reporting a rise in annual profit that was helped by acquisitions.

The company’s operating profit jumped 44.6% to 2.82 billion pounds ($3.05 billion) for the year ended July 31.

($1 = 0.9241 pounds)

Source link

Related posts

Truist Securities Assumes Teladoc at Hold

Hancock Whitney PT Lowered to $55 at Jefferies

Metaverse could be worth $5 trillion by 2030: McKinsey report By Cointelegraph