SOURCE: Ferguson Enterprises

Ferguson Enterprises

September 29, 2015 09:59 ET

Ferguson Grows Revenue by 12 Percent

Third Consecutive Record Year for Year-end Results

NEWPORT NEWS, VA--(Marketwired - September 29, 2015) - Ferguson's parent company Wolseley plc, the world's largest specialty trade distributor of plumbing and heating products to professional contractors and a leading supplier of building materials, announced its financial results for the 2015 fiscal year.

Ferguson increased its revenue 12 percent, ending the year with sales of $13 billion, up from $11.6 billion last year. The company was 9.6 percent 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 percent over last year. Ferguson's trading margin reached a record high of 8.2 percent.

"We have concluded another great year and a strong performance," said Ferguson CEO Frank Roach. "The outcome is a direct result of our associate's collective efforts and commitment to providing world-class customer service while driving change and continuous improvement."

Market growth was about 5 percent and Ferguson outperformed the market in almost all of its business segments. Blended branches (Ferguson locations that serve both residential and commercial customers) grew across all major regions, benefiting from growing markets and continued market share gains. Waterworks grew strongly and gained market share, and the HVAC, Fire and Fabrication and B2C e-commerce businesses all generated good growth.

Ferguson closed on 13 acquisitions this fiscal year. The acquisitions spanned coast-to-coast and multiple business types including waterworks, HVAC and plumbing distributors, in addition to eCommerce companies and appliance and lighting showrooms.

For more information on Wolseley's year-end results, please visit

Ferguson ( is the largest wholesale distributor of residential and commercial plumbing supplies and pipe, valves and fittings in the U.S. The company is also a major distributor of HVAC/R equipment, waterworks and industrial products and services. Founded in 1953 and headquartered in Newport News, Va., Ferguson has sales of $13 billion and approximately 23,000 associates in almost 1,400 locations. Ferguson and its subsidiaries serve customers in all 50 states, Puerto Rico, Mexico and the Caribbean. Ferguson is part of Wolseley plc (, which is listed on the London Stock Exchange (LSE: WOS) and on the FTSE 100 index of listed companies.

The following files are available for download:

Contact Information