Acquisitions were the primary driver of the 14.2 percent overall growth during the year.
January 30, 2014
Profit declined 4.2 percent in the quarter.
Year-to-date sales, profit also increase 3%.
Deceleration in real GDP reflects deceleration in private inventory investment and a larger decrease in federal government spending.
Industrial segment sales increased 5.8 percent in the fourth quarter, the highest-growth segment.
Company's fourth quarter profit decreased 30 percent.
CEO: 'Acquisitions provide a natural geographic and technology expansion for EDGE Brasil.'
Profit decreases significantly for both quarter, year-to-date.
Profit grew 25 percent from 2012.
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This month we feature an exclusive transcript of the MDM Webcast featuring Andrew Duguay, Senior Economist, ITR Economics; Lindsay Konzak, Editor, Modern Distribution Management; Ranga Bodla, Director of Industry Marketing, NetSuite
This is the full transcript of The 2014 MDM Distribution Industry Outlook webcast, which took place on Jan. 16, 2014. The webcast features an economic forecast from Andrew Duguay, and a look at key trends that will impact the distribution industry in the year ahead from Lindsay Konzak and Ranga Bodla. This transcript is exclusively available as bonus content to MDM subscribers.
The transcript includes:
- The Economic Outlook for 2014
- An analysis of the impact of health care reform on the U.S. economy
- How data management will become more pratical
- The increasing role of multichannel capabilies
- And more.
Company now in San Antonio, TX and Portland, OR.
CEO: Industrial demand stable, but mining continues to be a challenge.