Canadian distributor Wajax Corp. (TRX: WJX), reported sales for the third quarter of C$367.4 million (US$297.9 million), a 23.3 percent increase year-over-year. Profit increased 18.4 percent to C$10.3 million (US$7.9 million).
For the first nine months sales were C$1.1 billion (US$84 million) up 15.8 percent over the same period the previous year. Profit was C$32.4 million (US$24.7 million), up 42.1 percent over the same period in 2017.
Wajax also announced the appointment of Anne Bélec to its Board of Directors. Bélec was previously Director at Ford Motor Company.
© 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.
The 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 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 >>