Ferguson's U.K. Business Continues to Look Value-Dilutive
Ferguson's fourth-quarter and full-year fiscal 2017 results continued impressive growth in the U.S., while the U.K. division continues to demonstrate that it is value-dilutive. The company has been systematically trimming its international exposure, with the Nordic businesses up for sale and the U.K. scaled down in terms of branches. This strategy means the U.S. now contributes 90% of the group profits. The company has not yet flagged the U.K. as a division for sale, but we think it could be a p...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.