Profit decreased 0.9 percent in the first quarter.
April 30, 2015
Profit decreased 79.5 percent to $6.9 million in the first quarter.
Year-to-date sales up 10 percent year-over-year.
Year-to-date sales down 2.1 percent year-over-year.
Profit for the quarter decreased 43.3 percent.
Sales for the first six months increased 15 percent year-over-year.
Year-to-date sales down 3 percent.
Company reported a loss of $8.4 million in the first quarter.
Fourth-quarter sales increase 2.7 percent year-over-year.
Acquisition strengthens company's position and broadens product range.
First-quarter sales for the Paris-based electrical distributor grew 7.1 percent.
U.S. Electrical division up 7 percent year-over-year.
Process industries sales for the quarter increased 5 percent.
Year-to-date sales up 14.9 percent.
Average daily sales also up 1 percent in first quarter.