NEWPORT NEWS, Va. — Ferguson’s parent company Wolseley plc announced its financial results for the first-half of the 2014 fiscal year.
Ferguson’s revenue grew 8 percent overall and 6.2 percent ahead of last year on a like-for-like or same store growth basis. Trading profit was also ahead by 15.2 percent compared to last year and trading margin was 7.5 percent, up from 7.0 percent for the same period last year.