Ferguson’s parent company Wolseley plc recently announced its financial results for the 2015 fiscal year.
Ferguson increased its revenue 12%, ending the year with sales of $13 billion, up from $11.6 billion last year. The company was 9.6% ahead of last year 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. As well, trading profits were ahead 19.8% over last year. Ferguson’s trading margin reached a record high of 8.2%.