Electrical distributor and integrator Hagemeyer NV reported sales of €6.4 billion in 2007 (US$9.4 billion at current exchange rates). Organic revenue growth was 4.3% for the year, decreasing from 5.7% in the first half to 3.1% in the second half.
About 75% of the organic revenue growth for the year can be attributed to price increases.
In 2007, revenue for the Professional Products and Services business was €6 billion, compared to €5.8 billion in 2006. Organic growth was 4% in 2007. Copper price fluctuations did not have a noticeable impact on Hagemeyer’s revenue, unlike in 2006 when they accounted for a revenue increase of 7%. Organic growth is almost exclusively attributable to price increases, of which the largest part was …
Hagemeyer Organic Growth of 4.3% in 2007
Electrical distributor and integrator Hagemeyer NV reported sales of €6.4 billion in 2007 (US$9.4 billion at current exchange rates). Organic revenue growth was 4.3% for the year, decreasing from 5.7% in the first half to 3.1% in the second half.
About 75% of the organic revenue growth for the year can be attributed to price increases.
In 2007, revenue for the Professional Products and Services business was €6 billion, compared to €5.8 billion in 2006. Organic growth was 4% in 2007. Copper price fluctuations did not have a noticeable impact on Hagemeyer’s revenue, unlike in 2006 when they accounted for a revenue increase of 7%. Organic growth is almost exclusively attributable to price increases, of which the largest part was …
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- Filed In: Companies, Electrical, Free, News, Subscriber Only, Top Distributor Sectors
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