Companies Announce 2nd Quarter Earnings

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

All access premium subscription

Only Electrical Marketing newsletter subscribers have access to premium content.


Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.

Sign up for the Electrical Marketing newsletter to get access.

TAGS: archive
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