35
(Reuters) – Ferguson Plc, a U.S.-focused plumbing supplies provider, said on Tuesday its net sales growth for fiscal 2023 was expected to be in low single digits after reporting a rise in annual profit that was helped by acquisitions.
The company’s operating profit jumped 44.6% to 2.82 billion pounds ($3.05 billion) for the year ended July 31.
($1 = 0.9241 pounds)
(Reporting by Radhika Anilkumar in Bengaluru; Editing by Anil D’Silva)