Ian Pollard – Ferguson #FERG Restructuring for UK After Weak Performance

Ferguson plc FERG Ongoing revenue for the quarter to 31st October.was 5% ahead of last year, including 6.7% organic growth, whilst ongoing trading profit at $432m.  was 9.9% ahead. US business saw organic revenue growth of  9.6% . All the US business units generated organic growth in the quarter  with continued good demand from residential […]

Ian Pollard: Smith & Nephew Impacted By Weak First Quarter

 Smith & Nephew SN has produced a mixed performance for the quarter to the 31st March with revenue rising by 5% including currency benefits of 5%. Softer markets and a slowdown in Bioactives were offset by stronger growth in emerging markets which showed a rise of 15% on a reported basis. The trend is expected […]