AD members enjoy 4% sales growth in 1Q 2013

AD U.S. electrical sales grew 4% in the first quarter of 2013 on a same-store basis to $2.9 billion, according to a press release issued recently by the Affiliated Distributors (AD) marketing/buying group, Wayne, Pa.

John Eggleton, AD’s president, U.S. Electrical Division, said in the release, “The first quarter of 2013 was challenging for many distribution entities. In contrast, AD’s affiliates grew 4% on a same-store basis. Industry experts, along with full-line electrical distributors and manufacturers, expect conservative growth in 2013 in the low single digits or even flat. Our members’ expectations are greater than that and reflect continued market share growth.”

Sales for all AD affiliates, across all AD divisions, grew by 5% in the first quarter to $6.5 billion. AD Affiliates outgrew their markets in the quarter in every AD division. In the last three months, AD affiliates hired 1,079 new employees and opened 41 new locations.

 

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish