Anixter’s Sales Down 2% in First Quarter
Profit was $35.7 million, down 9% over 2019.
April 28, 2020
ABB’s Sales Fall 9% in Q1
The company reported profit of $376 million, a 30% drop when compared to the year-ago period.
3M’s Sales Up 2.7% in 1Q
Safety and Industrial group sales of $2.9 billion were down 1% in U.S. dollars.
Coronavirus Accelerates Timeline for Changes at Stellar Industrial
The industrial distributor is encouraging a company-wide focus on opportunities to improve operational efficiencies, including making some COVID-19-induced changes permanent. President and CEO John Wiborg is also elevating ROI expectations from existing technology investments.
3M’s Sales Up 2.7% in 1Q
Safety and Industrial group sales of $2.9 billion were down 1% in U.S. dollars.
ABB’s Sales Fall 9% in Q1
The company reported profit of $376 million, a 30% drop when compared to the year-ago period.
