WESCO Sales Up 28% in 1Q; Profit Climbs 300%
WESCO International, Inc., Pittsburgh, PA, a provider of electrical MRO products, construction materials, and advanced integrated supply procurement outsourcing services, reported sales for the first quarter 2006 of $1,265.5 million compared with $990.9 million in 2005, an increase of 27.7%. Sales from the two acquisitions completed in the third quarter of 2005 were approximately $107 million.
Profit in the first quarter was $44.5 million in 2006 versus $11.3 million in the comparable 2005 quarter.
For the quarter, WESCO delivered organic sales growth of 17%.
For more details on WESCO's 1Q results, click