Bossard Sales Grow 32.2% in Third Quarter - Modern Distribution Management

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Bossard Sales Grow 32.2% in Third Quarter

Fastener distributor sees sales increases in all three of its regions.
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Fastener distributor Bossard Group, No. 22 on MDM's list of the top 40 industrial distributors, reported sales of CHF 119.4 million (US$112.8 million) in the third quarter, an increase of 32.2 percent in local currencies.

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In the first nine months, sales were CHF 363.5 million (US$373.8 million), up 25 percent in local currencies, and 21.2 percent in Swiss francs.

In Europe sales were CHF 64.2 million in the third quarter, up 25 percent in local currency. Sales in Europe were up 20.8 percent in local currency for the first nine months.

In America sales were CHF 30.9 million (US$31.7 million) in the third quarter, up 32 percent in local currency. Sales in America were up 17.7 percent in local currency for the first nine months.

In Asia sales were CHF 24.3 million, up 56.5 percent in local currency. Sales in Asia were up 55.8 percent in local currency in the first nine months.

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