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For the first nine months of 2011, sales were €9.4 billion (US$12.8 billion), up 6.7 percent year-over-year. Organic same-day sales increased 6.6 percent. Profit grew 54.2 percent to €258.5 million (US$351.4 million).
Sales in Europe (59% of group sales) increased 6.5 percent in the third quarter on a constant and same-day basis. Sales were up 5.9 percent in the first nine months.
In North America (28% of group sales), sales were up 9.8 percent in the quarter and up 8.6 percent for the first nine months on a constant and same-day basis. In the U.S., third-quarter sales were up 9.2 percent. Canadian third-quarter sales increased 11.2 percent.
Rexel Holdings USA, which includes Rexel and Gexpro, is No. 3 on MDM's list of top electrical distributors.
Organic sales in Asia-Pacific (10% of group sales) grew 7.3 percent in the third quarter and 6.9 percent in the nine-month period.
Latin America (2 percent of group sales) posted organic sales gains of 3.2 percent and 16.4 percent for the third quarter and nine-month period, respectively.
Rexel recently completed two acquisitions. In September, the company acquired a 70 percent stake in Inoheva, a French company specializing in energy audits, thermal evaluations and software development related to energy efficiency.
In October, Rexel entered the Peruvian market with the acquisition of V&F Technologia, a distributor of electrical supplies based in Lima.
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| Title | Company | Location |
|---|---|---|
| Digital Strategy Manager | Border States Electric | Fargo North Dakota |
| Risk Manager | Border States Electric | Fargo ND |
| Purchasing Manager | PCA SKIN | Scottsdale, AZ |
| BUSINESS DEVELOPMENT MANAGER | Graybar Electric Company | Denver, CO |
| INDUSTRIAL OUTSIDE SALES REPRESENTATIVE | Graybar Electric Company | Phoenix, AZ |
| General Manager | Applied Industrial Technologies | Norfolk, VA |
| Rubber Specialist | Applied Industrial Technologies | Baltimore, MD |
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