Electrical distributor profitability showed some improvement in 2002, but net margins remain at one of the lowest levels in recent memory, according to the Electrical Manufacturers Credit Bureau (EMCB), Temecula, Calif.
The national norm for net profit for EMCB subscribers last year was 2.27 percent, up from 1.43 percent in 2001. Gross profits for EMCB subscribers also increased, from 18.12 percent in 2001 to 19.44 percent last year.
Other EMCB national norms in 2002 for elect
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