Report
Sven Edelfelt

Ferguson : La hausse des taux va continuer de peser sur le titre

>ROp marginalement > consensus et retour de cash à l’actionnaire - Le résultat opérationnel post-IFRS 16 pour le S1 2020/21 (clos à fin janvier 2021) ressort à 875 M$ (vs 854 M$ attendus par le consensus). Le groupe a publié une croissance à pcc de 3.6% dans des marchés finaux stables et après 3.3% au T1 et -2.6% au T4 (effet prix stables au T1). Aux États-Unis, elle ressort à +3.4% après 3.3% au T1 et -2.4% au T4. Le Canada continue de s’améliorer +7.9% au T2 après +...
Underlying
Ferguson Plc

Ferguson is a holding company. Through its subsidiaries, Co. is a distributor of plumbing and heating products in the U.S. Co. operates nationally serving the residential, commercial, civil and industrial markets. Co. operates seven business units in the U.S.: Blended Branches, which provides plumbing and heating solutions ; Waterworks standalone, which distributes pipe, valves and fittings, hydrants, meters and related water management products; B2C e-commerce, which sells directly to consumers via websites using the product range and distribution network of the Blended Branches business; as well as Other, which comprises industrial standalone, fire and fabrication, and facilities supply.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Sven Edelfelt

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