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Perma-Pipe International Holdings, Inc. Announces Third Quarter 2025 Financial Results

THE WOODLANDS, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the third quarter ended October 31, 2025. “For the three months ended October 31, 2025, net sales were $61.1 million, an increase of $19.5 million, or 46.9%, compared to $41.6 million in the same quarter of the prior year. Growth was driven by higher sales volumes in both the Middle East and North America. Gross profit was $21.0 million, up $6.9 million from $14.1...
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Phoenix Manufacturing Launches Agricool Evaporative Cooling Solution, Purpose-Built for Continuous Operation in Modern Agriculture and Commercial Environments

PHOENIX--(BUSINESS WIRE)--Phoenix Manufacturing, Inc., a leading designer and manufacturer of evaporative cooling solutions for demanding climates, today announced the launch of Agricool, a system tailored to the specific needs of agricultural and commercial environments. The first Agricool innovation – AG42S – delivers industrial-strength performance with a quieter fan and market-leading cooling efficiency. AG42S consistently regulates temperature and airflow in settings where heat and ventila...
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Ferguson Files Form 10-Q

NEWPORT NEWS, Va.--(BUSINESS WIRE)--On December 9, 2025, Ferguson Enterprises Inc. (the "Company") filed a Form 10-Q with the U.S. Securities and Exchange Commission ("SEC"). It is available on the SEC's website at sec.gov and on the SEC Filings page of the Company's website at corporate.ferguson.com/investor/financial-information/sec-filings. December 9, 2025 – Form 10-Q About Ferguson Ferguson (NYSE: FERG; LSE: FERG) is the largest value-added distributor serving the water and air specialized...
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Frost & Sullivan Honors Infinitum with Best Practices Award for Leadership in Sustainable HVAC Motors

AUSTIN, Texas--(BUSINESS WIRE)--Infinitum has received Frost & Sullivan’s 2025 Best Practices Award for Product Leadership in the North American Sustainable HVAC Motors industry....
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Ferguson Enterprises Inc. (“Company”): Director/PDMR Shareholding

NEWPORT NEWS, Va.--(BUSINESS WIRE)--NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (“PDMRs”) IN COMMON STOCK OF PAR VALUE $0.0001 EACH IN THE COMPANY (“Shares”) Vesting of restricted stock units under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan (“Omnibus Plan”) The restricted stock units granted under the Omnibus Plan on December 11, 2024, automatically vested on December 3, 2025, as set out in the table below: Director No. of Shares vesting...
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Ferguson Reports Quarter Ended October 31, 2025

NEWPORT NEWS, Va.--(BUSINESS WIRE)--Ferguson Enterprises Inc. (NYSE: FERG; LSE: FERG). Kevin Murphy, Ferguson CEO, commented, “Our associates again delivered strong results, continuing to execute our growth strategy in a challenging market environment. We are particularly pleased with another quarter of double-digit non-residential revenue growth. Our scale-advantaged business model and consistent market outperformance enable us to invest in organic growth, as well as consolidate our markets an...
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Expereo Helps Kingspan Light, Air + Water Remove Network Complexity and Boost Resilience Across 100 Sites Worldwide

LONDON--(BUSINESS WIRE)--Expereo, the world-leading managed Network as a Service (NaaS) provider that connects people, places and things anywhere, today announces that Kingspan Light, Air + Water, the global provider of solutions in smoke control and fire safety, natural daylighting, ventilation and cooling, sustainable water management, and safe storage, has selected Expereo to deliver a fully managed global connectivity solution. Kingspan Light, Air + Water had grown rapidly through acquisiti...
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Perma-Pipe International Holdings, Inc. Announces the Appointment of Richard Sherrill to its Board of Directors

THE WOODLANDS, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH), today announced changes to its Board of Directors (the "Board"), including the appointment of Richard M. Sherrill to the Board, effective immediately. Mr. Sherrill, 59, has served as a member of the Board of Talos Energy, Inc. ("Talos"; NYSE: TALO) since February 2023, an upstream oil and natural gas exploration company. Mr. Sherrill also serves as the Senior Vice President of Business Development for...
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Ply Raises $8.5M in Strategic Funding Led by Ferguson to Advance Automated Inventory Replenishment

NEW YORK--(BUSINESS WIRE)--Ply, a leading inventory and purchasing platform built for the trades, has raised $8.5 million in a strategic round led by Ferguson Ventures, the Corporate Venture Capital (CVC) arm of Ferguson, a leading North American value-added distributor serving the specialized professional. Existing investors Primary and SignalFire also participated in the round. Ferguson Ventures’ participation marks its 20th investment, underscoring its ongoing commitment to technologies that...
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Airtron Announces Senior Leadership Team Appointments

DALLAS--(BUSINESS WIRE)--Airtron Heating & Air Conditioning (“Airtron” or the “Company”), a portfolio company of Gamut Capital Management (“Gamut”), today announced the appointment of Steve Margolius as Chief Executive Officer and Adnan Mughal as Chief Financial Officer. Steve and Adnan bring a proven track record of scaling construction, home services, and distribution platforms into the next phase of their evolution with a strong focus on building enduring cultures of customer success as...