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The company reported profit of $376 million, a 30% drop when compared to the year-ago period.
Safety and Industrial group sales of $2.9 billion were down 1% in U.S. dollars.
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Organic sales fell 8%. Profit for the quarter fell 12.5% year-over-year to $29.7 million.
Paris, France-based electrical distributor Rexel reported sales for the first quarter of 3.2 billion (US$3.5 billion), down 2.7% from the same period a year ago. On a constant, same-day basis, sales were up 3.3%.
Operating profit decreased 14.7% to SEK 2.3 billion (US$230 million).
Amazon Businesss growth is not equally distributed. It has excelled in certain areas of B2B and struggled in others. Platform consultancy Applico shares the top verticals for Amazon Business, including number of products listed and category sellers.
Though the sales decline is much lower than previous weeks it is likely that this is not a reflection of significantly improving business conditions.
