WESCO Sales Up 21% in 2011 to $6.13B - Modern Distribution Management

WESCO Sales Up 21% in 2011 to $6.13B

Organic growth for WESCO was 13.8%.

WESCO International, Inc. (NYSE: WCC), Pittsburgh, PA, a distributor of electrical, industrial, and communications MRO and OEM products, construction materials, and advanced supply chain management and logistics services, reported sales for 2011 were $6.13 billion, up 21 percent from 2010. WESCO is No. 2 on MDM’s list of the top 25 electrical distributors.

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Acquisitions and foreign exchange positively affected sales by 6.8 percent and 0.8 percent respectively.

Organic sales growth was 13.8 percent.

Profit for 2011 was $196.8 million.

For the fourth quarter ended Dec. 31, 2011, sales were $1.58 billion, up 19.4 percent. Acquisitions positively affected sales by 6.2 percent. Organic sales were up 14.8 percent.

Profit in the fourth quarter was $54.8 million.

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