Ferguson (LSE:FERG)
UK company
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Market Info - FERG
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Company Info - FERG
- Market Cap£20.628bn
- SymbolLSE:FERG
- IndustryIndustrials
- SectorIndustrial Distribution
- Currency
- ISINJE00BJVNSS43
Company Profile
Ferguson distributes plumbing and HVAC products primarily to repair, maintenance, and improvement (60% of U.S. revenue), new construction (32% of revenue), and civil infrastructure (8% of sales) markets. It serves over 1 million customers and sources products from over 45,000 suppliers. Ferguson engages customers through more than 2,200 branches globally (approximately 1,500 in the U.S.), over the phone, online, and in residential showrooms. In 2020, Ferguson derived over 86% of its $21 billion of sales within the U.S. According to Modern Distribution Management, Ferguson is the largest industrial and construction distributor in North America. The firm expects to spin off its U.K. business in 2020 after which the firm will be solely focused on the North American market.Ferguson PLC distributes plumbing, building, and other supplies to the professional trade sectors. The company sells products for property re-modeling and new construction. It owns and operates business to business chains such as Ferguson.