Completion of Stark Group disposal

RNS Number : 4865J

Ferguson PLC

29 March 2018

 

29 March 2018

FERGUSON PLC

Completion of Stark Group disposal

Ferguson is pleased to confirm the completion of the transaction to dispose of Stark Group, its Nordics building materials business, to Lone Star Funds.

For further information please contact Ferguson plc

Mike Powell, Group Chief Financial Officer	Tel:	[phone]
Mark Fearon, Director of Corporate Communications and IR	Mobile:	[phone]
Media Enquiries
Mike Ward, Head of Corporate Communications	Mobile:	[phone]
Nina Coad, Tim Danaher (Brunswick)	Tel:	[phone]

Notes to editors:

Ferguson plc is the world's largest specialist trade distributor of plumbing and heating products to professional contractors principally operating in North America and the UK. Ongoing revenue for the year ended 31 July 2017 was $18.8 billion and ongoing trading profit was $1.3 billion. Ferguson plc is listed on the London Stock Exchange (LSE: FERG) and is in the FTSE 100 index of listed companies. On 31 July 2017 the Group changed its name to Ferguson plc. For more information, please visit www.fergusonplc.com or follow us on Twitter https://twitter.com/Ferguson_plc.

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