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Switzerland-based Bossard Group, No. 22 on MDM's list of the top 40 industrial distributors, reported sales for fiscal year 2010 were CHF 477.6 million (US$491.5 million), an increase of 20.9 percent over fiscal 2009. In local currencies, sales increased 25.2 percent.
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For the fourth quarter, sales were CHF 114.1 million (US$117.4 million), an increase of 19.7 percent over the prior year same period. In local currencies, sales increased 25.8 percent.
In Europe, sales increased 16.4 percent. Fourth-quarter sales grew 15.5 percent.
Sales in America grew 32.7 percent in the fourth quarter and 21.1 percent for the full year in year-over-year comparisons.
Fourth-quarter sales in Asia increased 22.2 percent, while full-year sales increased 46.1 percent.