MDM News Digest 4814
MDM's top news briefs from July 11 - July 25, 2018.
MDM's top news briefs from July 11 - July 25, 2018.
Robert W. Baird & Co., in partnership with Modern Distribution Management, conducted a survey of more than 500 distributors and manufacturers to gauge business trends and the outlook for the distribution industry in diverse sectors. Here are the latest indicators on revenue and pricing, based on second-quarter results and distributor and manufacturer expectations for third-quarter and full-year 2018. Respondents also provided their perspective on the impact of higher freight costs.
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Financial indicators – including the quarterly survey results in this issue (which MDM has now published in partnership with Baird for eight years) – indicate that the second quarter has an increasing probability to be the peak for 2018. The tea leaves point to moderating growth, but still growth. The end result will likely be a record year for many distributors.
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This report is researched and produced by MDM editors. View the First Quarter 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. Second quarter 2018 pricing levels are compared with first quarter 2018 and second quarter 2017.
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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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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 second quarter of 2018.
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.
Wholesale revenues, inventories and ratios from May 2018
Modern Distribution Management's monthly Industrial Inflation Index measures a cross-section of industrial supplies.
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This is the PDF of this issue of Modern Distribution Management.
Table of Contents:
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Freight costs, other factors cloud second-half outlook
Full-service center in Denver replaces Aurora, CO, warehouse.
Manufacturer completes spin-off of electrical business.
Manufacturer reports strength in both Climate and Industrial segments.
Manufacturer reports modest sales increase in challenging business environment.
Sales for the first six months increased 13.5 percent year-over-year.
Year-to-date sales up 5.2 percent year-over-year.
Year-to-date sales up 5.6 percent for building products manufacturer.