Interline Sales Up 39.1% in 3Q
Interline Brands, Inc., Jacksonville, FL, distributor of maintenance, repair and operations products, reported sales increased 39.1% in the third quarter 2006 to $314.2 million. Average organic daily sales growth was 8.9%.
Net income for the third quarter was $14.2 million, compared with $9.7 million in the prior-year period.
"Our revenue growth in the third quarter was driven by a combination of our acquisition of AmSan as well as strong organic growth in our facilities maintenance market ﾖ which grew at 11.5% - one of the highest quarterly growth rates in several years," said William Sanford, COO. "Our professional contractor business grew 8.4% in the third quarter in addition to ...