Full Year Results 

US trading boost for Ferguson

US trading boost for Ferguson

Demand for heating and plumbing products remained brisk in the US, which is where Ferguson (FERG) generated 90 per cent of group trading profits in the year to July. However, group profits would have been lower when taking out a $439m (£338m) gain on the disposal of its Nordics business, the proceeds from which were returned to shareholders through a special dividend.

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