Bunzl Sales Up 18% in 1Q
Group revenue increased 4 percent at constant exchange rates.
Group revenue increased 4 percent at constant exchange rates.
The new company will operate as a separate and wholly-owned subsidiary of Purvis Industries.
Sales of durable goods up 7.3 percent from the previous year.
Industrial sales were up 4.2 percent year-over-year.
Capacity utilization increased 0.4 percent to 76.1 percent.
Profit up 9.6 percent year-over-year.
Privately owned housing starts down 6.8 percent compared with February.
Genuine Parts sales up 5 percent for the quarter.
Company also escalating onsite strategy with 50 percent growth.
Stronger than expected response to price realignment leads to lower guidance for 2017.
Profit decreases 23.2 percent to $117.1 million in the first quarter.