6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060
Toll free (888) 742-5060
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For the fourth quarter ended Dec. 31, 2011, sales were $218.4 million, up 28.7 percent over the same period a year ago. Profit increased 56 percent to $9.2 million.
All three segments reported growth in sales and profit. Innovative Pumping Solutions reported 33 percent and 64 percent revenue and profit growth, respectively. DXP Service Centers reported 24 percent and 28 percent revenue and profit growth, respectively. DXP Supply Chain Services reported 14 percent and 19 percent revenue and profit growth, respectively.
The total number of DXP Service Centers increased from 112 to 123 in 2011.