The Ferguson Group has posted its 2013 results, which show continuing growth, with worldwide sales increasing by over 12% to £65m and pre tax profits up 28% from £16.2m in 2012 to £20.8m in 2013.

Commenting on the results, Richard Smith, Group Finance Director, said: “2013 was another year of progressive growth for the Ferguson Group, which saw the company increase earnings whilst continuing to invest heavily in our operational capability and prime the company for continued expansion.

We invested around £15m during 2013 and plan to spend significantly more in 2014. Development work is almost complete on our new Gap Ridge operating base in North West Australia and we will commence operations from there shortly.

Tags: The Ferguson Group