Anixter International Inc. (NYSE: AXE), Glenview, IL, reported first-quarter sales of $1.9 billion, a 4.4 percent increase year-over-year. Profit increased 35.5 percent to $30.9 million.
Network & security solutions first-quarter sales increased 3.8 percent year-over-year to $984.9 million. Electrical & electronic solutions sales of $527.4 million increased 4.2 percent over the same period a year ago. And utility power solutions sales of $383.5 million increased 6.2 percent year-over-year.