Anixter International Inc., Glenview, IL, distributor of communication products, electrical and electronic wire & cable and a distributor of fasteners and other small parts, reported sales of $1.33 billion in the first quarter 2007, up 24% from the same period last year. Profit was up 71% to $53.6 million.
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Sales for the quarter include $33.6 million from the acquisitions of IMS Inc. in May 2006 and MFU Holdings S.p.A. in October 2006.
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Sales in the first quarter grew at a year-over-year organic rate of 19%.
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Anixter reported seeing strong larger project business, especially in data center builds in the enterprise cabling market and energy/natural resources customers within the electrical wire and cable market. Anixter …
Anixter Sales Grow 24% in 1Q
Anixter International Inc., Glenview, IL, distributor of communication products, electrical and electronic wire & cable and a distributor of fasteners and other small parts, reported sales of $1.33 billion in the first quarter 2007, up 24% from the same period last year. Profit was up 71% to $53.6 million.
  ;
Sales for the quarter include $33.6 million from the acquisitions of IMS Inc. in May 2006 and MFU Holdings S.p.A. in October 2006.
  ;
Sales in the first quarter grew at a year-over-year organic rate of 19%.
  ;
Anixter reported seeing strong larger project business, especially in data center builds in the enterprise cabling market and energy/natural resources customers within the electrical wire and cable market. Anixter …
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- Filed In: Companies, Electrical, Fasteners, Free, News, Subscriber Only, Top Distributor Sectors
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