Ferguson plc(FERG) - 2023 Q4 - Earnings Call Transcript

And then as we discussed previously, we do think that it really is a generational opportunity with some of these megaproject tailwinds, but they're going to be of bit stretched out. These are long-term projects, three-years plus in terms of what that life cycle looks like. And if you look at our experience, as well as what we're seeing from a data perspective, you're starting to see a ramp up, but we probably won't see that peak until, call it, â25 and â26. But what we're seeing right now is, across multipl ...