Company Spotlight: Ferguson
A well-managed company overall, FERG has executed effectively on its digital strategy and invested sufficiently in security to manage the downside financial risks associated with its increased digitization. Strong execution on e-Commerce, its customer sales and maintenance and back-end operations has yielded tangible benefits to the business, helping management deliver on key KPIs including solid margins. This has contributed to FERG’s 4-Star cyber governance rating (out of 5) on a regional basis and 5-Star rating on a relative basis among European industrials.