Ferguson Enterprises Inc (FRA:UH3)

€ 199 0 (0%) Market Cap: 40.75 Bil Enterprise Value: 45.44 Bil PE Ratio: 25.31 PB Ratio: 7.74 GF Score: 86/100

Q1 2020 Ferguson PLC Interim Management Statement Call Transcript

Dec 03, 2019 / 08:00AM GMT

Release Date Price: €77.18 (-2.01%)

Transcript

Operator

Good day, and welcome to the Full Year 2020 Q1 Interim Management Statement Conference Call. Today's conference is being recorded.

At this time, I would like to turn the conference over to Mike Powell, Group CFO. Please go ahead, sir.

Michael Powell

Ferguson plc - Group CFO & Executive Director

Paul, thank you very much, and good morning to everybody. Welcome to the Ferguson conference call covering our first quarter results for the 2020 financial year. You've got myself, Mike. I'm also joined by Mark Fearon and Pete Kennedy from our IR team.

Now it's only been a few weeks since we last spoke to you at the full year results in October and since then, we've been on the road seeing shareholders. So we've no major changes to update you on today in either the business or our end markets. It's still early in the year, of course, but we've continued to trade pretty well.

In quarter 1, we've really seen a continuation of the market trends we saw in Q4 last year, and overall the picture in the quarter is consistent with what we talked

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