Full Year Results 

Ferguson reinstalls its dividend

Ferguson reinstalls its dividend

Amid the Covid-19 disruption to construction markets, plumbing and heating products specialist Ferguson (FERG) benefited from most of its business being located on the other side of the Atlantic. Whereas revenue from its UK operations dropped by almost a fifth in the year to 31 July, to $1.9bn (£1.5bn), US sales actually ticked up 3 per cent to $18.9bn.

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