WOKINGHAM, England–(BUSINESS WIRE)–Ferguson plc (NYSE:FERG) (LSE:FERG): FY2024 Guidance (unchanged) Total Company 2024 Guidance Net sales* Broadly flat Adjusted operating margin** 9.2% – 9.8% Interest expense $190 – $210 million Adjusted effective tax rate** Approximately 25% Capital expenditures $400 – $450 million * Net sales guidance assumes mid-single digit market decline with continued Company market outperformance, contribution from completed acquisitions and one additional sales day. O
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