DXP Enterprises, Inc., Houston, TX, reported sales for second quarter ended June 30, 2008, increased 120.1% to $187.8 million from the second quarter of 2007. Profit was $6.4 million, an increase of 86.5% from the same period a year ago.
Businesses acquired in 2007 and 2008, including Precision Industries, contributed $76.1 million to second quarter sales.
Sales for the six months ended June 30, 2008, were $356.3 million, an increase of 110.9% from the first of 2007. DXP reported income for the sale period of $11.8 million, an increase of 65.3%. Organic sales for the fist half of 2008 increased 22.3% from 2007.
DXP Enterprises, Inc. is a distributor of products focused on pumping, integrated supply and …
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