© Reuters.
(Reuters) – Ferguson Plc, a U.S.-focused plumbing supplies supplier, said on Tuesday that net sales growth for fiscal year 2023 was expected to be in the low single digits after announcing an increase in full-year profit which 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)