HARDI: Results exceeding expectations, but distributors remain cautious.
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The Winair businesses will provide HVACR equipment to contractors.
Sales increases were broad-based across all product categories for the HVAC distributor.
Company announced plans to divest the Hussman North American refrigerated display case equipment business.
Gains in the maintenance, repair & improvements sector were offset by declines in specialty construction and infrastructure & energy.
HD Supply also announced the exploration of “strategic alternatives” for its plumbing/HVAC business.
But sales numbers show a downward trend in annual growth rates, according to HARDI.
Growth for the global HVAC, plumbing and building materials distributor was led by improvements in the U.S. market.
New joint venture will distribute Carrier, Bryant and Payne brand products in the northeast U.S.
Running twelve-month sales increased for the sixth consecutive month.
Watsco revenues boosted by sales of higher-efficiency HVAC products and replacement market.
International sales increased 13 percent, primarily due to strong growth in Asia.
Running 12-month sales improved for fifth consecutive month, with 10 percent growth.
Organic sales for the manufacturer grew 4 percent in 2010.
Running 12-month sales increased for the fourth consecutive month.
Acquisition expands Ferguson’s reach between Florida and Louisiana.
CEO: Global demand increasing, while pricing competition remains ‘intense.’
HARDI: Running 12-month sales in line with projections of 5-10 percent growth for 2010.
Distributor sales per employee weakened, marking the first such decline since HARDI began reporting sales per employee in June.
HARDI speaker: Don’t let ups and downs stop your company from taking action.
