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Dec 3 2019, 08:10 GMT
Ferguson
Financial year off to a solid start
- Sectors : Builders Merchants
- Companies : Ferguson
DAVY VIEW
Ferguson has announced a steady set of fiscal Q1 results. Management’s full year expectations are unsurprisingly unchanged and there is likely to be very little change to consensus estimates. While its core US market is subdued at present, Ferguson continues to outperform and remains focused on cost control. The group is also supported by a typically strong financial position and a proven strategy.
