Ferguson Enterprises (FERG) AGM 2026 summary
Event summary combining transcript, slides, and related documents.
AGM 2026 summary
1 May, 2026Opening remarks and agenda
Meeting called to order by the Board Chair, with introductions of board members, executive officers, and external representatives.
Notice of annual meeting and voting procedures reviewed for shareholders.
Agenda included director elections, auditor ratification, and executive compensation approval.
Board and executive committee updates
Eleven director nominees introduced, including committee chairs and independent directors.
No additional director nominations were received by the advance notice deadline.
Shareholder proposals
Three items presented: election of directors, ratification of auditor, and advisory vote on executive compensation.
No shareholder questions or comments were received regarding these proposals.
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Latest events from Ferguson Enterprises
- Sales up 3.6%, margins improved, $2B buyback and six acquisitions to add $350M revenue.FERG
Q1 20266 May 2026 - 5% sales growth, margin gains, and robust cash flow drive positive 2026 outlook.FERG
Transition period24 Feb 2026 - Q3 sales and EPS rose, margins held firm, and capital returns grew amid U.S. redomicile plans.FERG
Q3 202431 Jan 2026 - Resilient FY24 results and strong cash flow support modest growth outlook for FY2025.FERG
Q4 202420 Jan 2026 - Sales up 0.8% to $7.8B; profit and EPS down, but guidance and capital returns steady.FERG
Q1 202511 Jan 2026 - Q2 sales up 3% to $6.9B, but profits and margins fell amid deflation and higher costs.FERG
Q2 202520 Dec 2025 - 5.1% sales growth, margin expansion, and non-residential strength drive positive outlook.FERG
Transition period9 Dec 2025 - Q3 sales up 4.3% to $7.6B, margins and guidance rose, led by US non-residential growth.FERG
Q3 202518 Nov 2025 - Strong sales, margin gains, and cash flow; 2025 outlook positive with stable margins.FERG
Q4 202516 Sep 2025