Motion Industries 2012 Sales Up 6.7% - Modern Distribution Management

Log In

Motion Industries 2012 Sales Up 6.7%

Fourth-quarter sales for Motion increased 2.1 percent.
Author
Date

Motion Industries, the industrial segment of Atlanta, GA-based Genuine Parts Co. (NYSE: GPC), reported sales for the full year 2012 of $4.5 billion, an increase of 6.7 percent compared to 2011. Operating profit increased 14.4 percent to $1 billion.

Fourth-quarter sales for Motion were $1.1 billion, an increase of 2.1 percent compared to the same period a year earlier. Operating profit fell 12.3 percent to $78.1 million.

The electrical/electronic group, EIS Inc., reported 2012 sales of $582.8 million, a 4.5 percent increase from 2011. Fourth-quarter sales decreased 1.6 percent to $135.4 million.

S.P. Richards Co., Genuine Parts' office products group, reported full-year sales of $1.7 billion, down slightly from 2011. Fourth-quarter sales increased 2.9 percent to $402.9 million.

Genuine Parts' automotive group reported full-year sales of $6.3 billion, a 4.3 percent increase from the prior year. Sales for the fourth quarter increased 4.9 percent to $1.5 billion.

Full-year sales for Genuine Parts Co. were $13 billion, an increase of 4.5 percent compared to 2011. Profit increased 15 percent to $648 million. Fourth-quarter sales were $3.1 billion, an increase of 3.5 percent compared to the prior-year period. Profit increased 19 percent to $160 million.

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.