WAYNE, Pa. – AD reported record breaking sales in 2017, across twelve AD Divisions of $37.3 billion. Total company sales grew by 10%. Purchases from AD Suppliers grew by 17%. Distributions to Members were up 14%.
On a Same Store basis, by industry, Electrical sales were up 10% in 2017; PHCP was up 9%; Industrial / PT were up 8%; and Building Materials was up 16%. By country, Same Store sales in the U.S. grew 8%; Canada was up 9% and Mexico grew 12%.
Bill Weisberg, AD’s Chairman and CEO comments on the results, “2017 was a fantastic year for AD and our Members. Across every AD industry and in every country in which we operate, we saw record breaking numbers. AD programs made a real difference in helping our members compete in their markets. AD eCommerce Solutions ended the year with 2.4 Million SKUS across 6 AD business units. AD Members spent close to $1 Million on AD HR Services, and AD Procurement Services saved our Members over $5 Million in non-product purchases. AD Members were also a force of good in 2017, through the AD Disaster Relief Foundation we raised and distributed over $200,000 to 39 men and women who work for AD member and supplier companies and survived Hurricane Harvey, Maria and the California Wildfires.”Tagged with AD