Graybar, St. Louis, MO, distributor of electrical, telecommunications and networking products and related supply chain management and logistics services, reported a 5.5% increase in sales in the first half 2008 to $2.7 billion. Profit grew 19% to $47.4 million.
While the construction sector showed signs of weakness, strong performance in networking-related product sales coupled with continued growth in the overall communications and data market helped offset the construction market’s impact on growth, according to Graybar.
Graybar has more than 250 North American distribution facilities. …
Graybar Sales Up 5.5% in First Half
Graybar, St. Louis, MO, distributor of electrical, telecommunications and networking products and related supply chain management and logistics services, reported a 5.5% increase in sales in the first half 2008 to $2.7 billion. Profit grew 19% to $47.4 million.
While the construction sector showed signs of weakness, strong performance in networking-related product sales coupled with continued growth in the overall communications and data market helped offset the construction market’s impact on growth, according to Graybar.
Graybar has more than 250 North American distribution facilities. …
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- Filed In: Companies, Electrical, Free, News, Subscriber Only, Top Distributor Sectors
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