Wesco Aircraft Holdings Organic Sales Up 14% in 2Q - Modern Distribution Management

Wesco Aircraft Holdings Organic Sales Up 14% in 2Q

The increase in the North America segment external sales was 21.8 percent.

Wesco Aircraft Holdings Inc., Valencia, CA, reported sales for the second quarter ended March 31, 2013, of $225.9 million, up 24 percent compared to the same quarter a year earlier. Organic sales increased 14 percent. Profit increased 50.3 percent to $31.2 million.

The increase in the North America segment external sales was 21.8 percent, mainly driven by growth across the company’s customer base and the Interfast acquisition. External sales in the Rest of World segment increased by 32.9 percent compared to the prior-year period.

Sales for the first six months of fiscal 2013 were $437 million, an increase of 16.6 percent compared to $374.7 million in the first six months of 2012. Profit increased 11.4 percent to $47.8 million.

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