Ferguson Plc releases trading update

  • Dec 03, 2019 GMT
  • Team Kalkine
  • Total revenue increased to US$5,208 million for 1QFY20 as compared to US$4,947 million in 1QFY19
  • The company oversaw tight cost control which ensured good delivery on profitability
  • Underlying trading profit of US$433 million was ahead US$20 million compared to the prior corresponding period
  • The company invested US$ 62 million in acquisitions in the first quarter of FY20.

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