Ferguson plc(FERG) - 2022 Q4 - Annual Report

Exhibit 99.1 September 27, 2022 Ferguson plc reports fourth quarter and year end results EXECUTING OUR STRATEGY TO DELIVER STRONG OPERATING PERFORMANCE Fourth quarter highlights - Strong sales growth of 21.4%, with core strengths driving market share gains. - Operating profit growth of 23.1% (21.5% on an adjusted basis) driven by strong sales and operating cost leverage. - Delivered operating margin of 10.2% (10.7% on an adjusted basis). - Completed seven acquisitions in the quarter with annualized revenues ...