Story from adhq.com
Sales for AD Affiliates grew by 12% in the first half of 2012 to $12.8 billion.
“AD independents continue to take market share in each of our industries,” says Bill Weisberg, Affiliated Distributors’ Chairman & CEO. “We outpaced general industry growth by an average of three points and by as much as 5 points. We are proud of the value our members bring to their customers, suppliers and communities. It’s clear that the market continues to reward them for it.”
In the first six months of 2012, AD members hired 1,226 new employees on top of the 2,250 employees they hired in 2011. Plus, they opened 41 new branches in addition to the 99 new branches opened last year.
- AD U.S. Electrical sales grew 11% in the first half of 2012 on a same store basis from $5.6B to $6.2B.
- AD Canadian Electrical sales grew 3.3% in the first half of 2012 on a same store basis from $372M to $385M.
- AD Industrial sales grew 13% in the first half of 2012 on a same store basis from $2.2B to $2.4B.
- AD Plumbing & PVF sales grew 13% in the first half of 2012 on a same store basis from $2.8B to $3.1B.
- AD HVAC sales grew 10% in the first half of 2012 on a same store basis from $1.6B to $1.8B.
Congratulations to all independent market leaders’ growth.
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