Report
Sven Edelfelt

Ferguson : Vers un marché US stable en 2021

>Résultat opérationnel supérieur aux attentes - Le résultat opérationnel post-IFRS 16 pour le T1 2020/21 (clos à fin octobre 2020) ressort à 483 M$ (vs 504 M$ attendus par le consensus). Le groupe a publié une croissance à pcc de +3.3% dans des marchés finaux stables et après -2.6% au T4, et -1.7% publié au T3 (effet prix stables au T1). Aux États-Unis, elle ressort à +3.3% après -2.4% au T4 et -1.0% au T3. Le Canada aussi repasse en positif à +3.5% au T1 après -5.6% ...
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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