MDM-Podcasts-launch
Need Help? (888) 742-5060

In The News:

Anixter’s Sales Up 3.6%

Anixter International Inc. (NYSE: AXE), Glenview, IL, reported first-quarter sales of $2 billion, up 3.6 percent. Profit was $32.1 million, up from $30.9 million a year ago.

The distributor also said it has agreed to acquire security businesses in Australia and New Zealand for approximately $151 million. Combined, the businesses has trailing 12-month sales of approximately $114 million. The acquisitions are expected to close in the second quarter.

Anixter’s Network & Security Solutions segment sales increased 1 percent in the first quarter, to $994.8 million. Electrical & Electronic Solutions sales increased 7.8 percent to $568.4 million, and Utility Power Solutions sales grew 4.6 percent to $401 million.

© 2019 Gale Media, Inc.

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

2018-top-distributors-listThe 2018 Top Distributors List

This free PDF includes lists of top distribution companies across 14 sectors.

You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.

Download the Free PDF now >>


MDM-UpdateMDM Update: Daily Newsletter 

Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox. 

Sign-up for MDM Update >>

Partner Center