Ferguson Enterprises, Newport News, VA, the largest plumbing distributor in the U.S., has reported sales for the first fiscal six months of 2019 ended January 31 of $8.9 billion, up 12.2% from the same period in 2018. The U.S. business grew by 9.7% on an organic basis with acquisitions generating 3.2% of additional revenue growth.
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Fourth quarter sales increased 8.2%.
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Profit was $16.7 million, compared to $6.7 million in the first quarter of 2019.