Publicly Held Electrical Manufacturers Report Average Growth in 2Q 2014

"Based on our first half performance, we continue to expect overall sales to increase in the 5% to 6% range with balanced growth from acquisitions and organic volume." David Nord, Hubbell Inc.

It’s earnings season, and quite a few publicly held electrical manufacturers and distributors have been releasing their 2Q 2014 financial reports. For the most part, sales increases from 1Q 2014 and YOY from 2Q 2013 are in the low- to mid-single digits. Following are the highlights of a few of the reports.

Hubbell

Hubbell Inc., said its net sales for 2Q 2014 ending June 30 were $855.8 million, an increase of 7% compared to the $801.3 million reported in

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