“While economic headwinds should create some softness in 2019, strength in the labor market and a cautious Fed are encouraging,” said Paul Hallmann, economist, HARDI.
The popular projection is that 2019 is poised to be a challenging year for HVACR distributors. So, what does that mean for your business? Are you doomed for failure regardless of how well your company performs in 2019?
E-commerce now represents 23 percent of Ferguson's U.S. revenues, the trading margin was 8.2 percent, and trading profit was 15.7 percent ahead of last year.