Ferguson Plc, a U.S.-focused plumbing supply company, announced that its net sales growth for the fiscal year 2023 was anticipated to be in the low single digits following the announcement of an increase in profit which was made possible by acquisitions.
The operating profit of the company jumped 44.6 percent in the range of 2.82 million pounds ($3.05 billion) in the year that ended July 31.
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($1 = 0.9241 pounds)