MDM-Premium-15

Need Help?
(888) 742-5060

In The News:

More From Mdm

Fastenal Names New President

 

Interline Brands Sales Grow 5.4% in Second Quarter

August 3, 2012
Reprints
A A

Interline Brands Inc. (NYSE:IBI), Jacksonville, FL, No. 15 on MDM's list of the top 40 industrial distributors, reported sales for the second quarter were $334.8 million, a 5.4 percent increase from 2011.

The facilities maintenance end-market, which comprised 78 percent of sales, increased 7.2 percent for the quarter. The professional contractor end-market, which comprised 13 percent of sales, increased 2.4 percent for the quarter. The specialty distributor end-market, which comprised 9 percent of sales, decreased 3.7 percent for the quarter.   

Profit for the second quarter of 2012 decreased $0.8 million to $9 million from the prior-year period

"We were pleased to see continued sales growth in the second quarter driven by our strategic investments and further improvement in our end-markets. We will continue to execute on our growth strategy as we seek to further establish Interline Brands as a premier broad-line MRO distributor," said Michael J. Grebe, CEO.

Sales for the six months ended June 29, 2012, were $648.4 million, a 5.4 percent increase over the comparable 2011 period. On an organic basis, sales increased 4.9 percent.

Profit decreased $0.3 million to $16.5 million.

Copyright ©2014

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

Partner Center