The plumbing, heating, ventilation and air-conditioning distributor had previously forecast mid-single-digit sales growth. Chief Executive Kevin Murphy said Ferguson’s markets remained mixed, but its results so far this year and the FloWorks deal supported the higher outlook. Ferguson completed the $1.6 billion acquisition of the industrial-equipment provider in August.

Third-quarter sales increased 9.5% to $9.03 billion, topping the $8.74 billion expected by analysts polled by FactSet. Ferguson attributed the result to 7% organic growth and 2.7% growth from acquisitions, partly offset by a 0.2% decline from divestments in Canada.

The Newport News, Va.-based company reported quarterly profit of $598 million, or $3.08 a share, down from $638 million, or $3.24 a share, a year earlier. Adjusted earnings were $3.43 a share, above analysts’ $3.31 estimate. Ferguson shares are up 18% year to date.