The second-quarter financial results for many electrical companies weren’t as horrendous as many of the numbers posted in recent quarters. Following are financial snapshots of the earnings reports of some key industry players.
Rexel CDME, the world’s largest electrical distributor, posted lower quarterly and first-half sales because of the strong euro. The company said profitability could improve by the second half of 2003.
Rexel, controlled by French retailer Pinault Printemp
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