The 2020 Mid-Year Economic Update_long

Interline Sales Grow 25% in 2006


Interline Brands, Jacksonville, FL, reported sales for fiscal 2006, increased 25% to $1.068 billion. Average organic daily sales grew 8.3%.


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Profit was $31.2 million in 2006, compared with $28.8 million in 2005.


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The acquisition of AmSan in July 2006 added $129.8 million to the second half of 2006, and the acquisition of Copperfield in July 2005 added $18.6 million the first half of 2006. Average daily sales growth, as a result, grew 25.8% for the year.


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In the fourth quarter 2006, sales grew 30% to $67.3 million. Average daily sales growth was 29.8%. Average organic daily sales growth was 2.6%.


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Interline's facilities maintenance market, representing 60% of sales in the fourth quarter, ...

Interline Brands, Jacksonville, FL, reported sales for fiscal 2006, increased 25% to $1.068 billion. Average organic daily sales grew 8.3%.


&nbsp ;


Profit was $31.2 million in 2006, compared with $28.8 million in 2005.


&nbsp ;


The acquisition of AmSan in July 2006 added $129.8 million to the second half of 2006, and the acquisition of Copperfield in July 2005 added $18.6 million the first half of 2006. Average daily sales growth, as a result, grew 25.8% for the year.


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In the fourth quarter 2006, sales grew 30% to $67.3 million. Average daily sales growth was 29.8%. Average organic daily sales growth was 2.6%.


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Interline’s facilities maintenance market, representing 60% of sales in the fourth quarter, grew 11.5% on an organic daily sales basis and 70% including AmSan. The pro contractor market, representing 25% of sales, declined 2.5% in the quarter. The specialty distributor market, representing 15% of sales, declined 7.9%.


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Interline says it will continue to integrate AmSan into its operating platform and will be updating its distribution and logistics infrastructure in 2007. Interline reports it will continue pursing companies for acquisition that would be a strategic fit.


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Interline distributes MRO products to about 200,000 facilities maintenance professionals, pro contractors and specialty distributors across North America and Central America.


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