AD Electrical sales flat, total group sales up 6.3% to $26.1 billion
Affiliated Distributors (AD), Wayne, Pa., reported sales for all AD members, across all seven divisions and three countries grew by 6.3% in 2016 Q3 YTD to $26.1 billion. Its electrical sales were flat during this period. AD said in a press release that this growth includes ongoing members, new members and losses due to consolidation. On a same store basis, AD member sales grew 1%. By country, AD U.S. was flat; AD Canada was up 6% and AD Mexico grew 25%. By industry, Electrical was flat; Plumbing, PVF & HVAC was flat; Industrial and Power Transmission was down 5%; and Building Materials was up 16%. Across all divisions and countries, member purchases from AD suppliers grew 7% and net distributions to AD members grew 12%.
Bill Weisberg, AD’s Chairman and CEO said in the press release, “There’s a saying that comes to mind for macro-economic conditions like these: “One of the better responses to scarcity is not to slice the pie thinner, rather it’s to figure out how to make more pies.” AD is blessed to work with many of the most collaborative and creative independents and suppliers in this industry.”
About the Author
Doug Chandler, Senior Staff Writer
Executive Editor
Doug Chandler began writing about the electrical industry in 1992, and still finds there's never a shortage of stories to be told. So he spends his days finding them and telling them. Educationally, he's a Jayhawk with an English degree. Outside of work, he can often be found banging drums or harvesting tomatoes.