MDM News Digest 4720
News briefs from October 11 - October 25, 2017
News briefs from October 11 - October 25, 2017
Industrial and Healthcare Materials segment sales grew 3.5% on an organic basis.
Year-to-date, Alfa Laval sales were down 2%.
Year-to-date sales up 10.4 percent year-over-year.
Year-to-date sales for 2017 up 4.1 percent over 2016.
For the first nine months, sales were up 2.1 percent year-over-year.
Profit for the quarter was up 23.2 percent to $33.7 million.
This increase follows a 2 percent August increase, according to the advance report.
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In this two-page report, available to download in PDF after log-in, we feature data on merger and acquisition trends and financial metrics for the largest publicly traded distributors across diverse sectors in the third quarter of 2017.
In partnership with Houlihan Lokey, an investment banking firm, the report includes data on M&A activity trends across all industries (not just distribution), as well as valuation multiples for deals in all industries.
Modern Distribution Management's monthly Industrial Inflation Index measures a cross-section of industrial supplies.
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Sales and inventories data for wholesaler-distributors in August 2017.
This report is researched and produced by MDM editors. View the Second Quarter 2016 report here.
These product groups provide a snapshot of inflation trends based on the Producer Price Index from the U.S. Bureau of Labor Statistics. Third quarter 2017 pricing levels are compared with second quarter 2017 and third quarter 2016.
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Industrial
Construction
Electrical
Other Related Electrical
Power Transmission/Bearing
Fluid Power
Plastics
Fasteners
Hardware
Tools
Gases/Welding
Paper
HVACR/Plumbing
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While many distribution owners and managers are making their companies more “user-friendly” with better web tools, they aren’t investing at the same pace in the most critical part of their future – their employees. Here are four tips for talent development that will differentiate your company and strengthen its position against the threats that keep emerging daily.
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The power of analytics and data to improve company performance has grabbed everyones attention, and with extremely positive impacts overall, but too often we fixate on specific data points and then lose sight of the larger (and sometimes smaller) picture.
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Robert W. Baird & Co., in partnership with Modern Distribution Management, conducted a survey of more than 400 distributors and manufacturers to gauge business trends and the outlook for the distribution industry in diverse sectors. Here is a summary of third-quarter results and distributor and manufacturer expectations for fourth-quarter 2017 and full-year 2018.
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Profit for the period was $86.3 million.