WESCO International Inc. (NYSE: WCC), Pittsburgh, PA, reported sales for $1.8 billion for the first quarter 2013, up 12.6 percent from the prior-year period, due primarily to acquisitions.
Profit was $84.1 million.
Organic sales for the quarter were down 3 percent.
Mr. John J. Engel, WESCO's CEO, said: "Our first-quarter results reflect solid execution in a challenging economic environment and, as expected, a continuation of the market trends experienced in the second half of last year. Although organic sales declined 3 percent in the quarter and were softer than expected, we continued to see the positive impact of our One WESCO sales, productivity and LEAN initiatives on our business."
Engel said demand for its One WESCO solution, positioned to be a one-stop shop for MR, OEM and capital project requirements, has been increasing.
WESCO is a provider of electrical, industrial and communications MRO and OEM product, construction materials and supply chain management and logistic services.
