The 2020 Mid-Year Economic Update_long

Interline 2Q Sales Up 15.6%

Interline Brands, Inc., Jacksonville, FL, a distributor and direct marketer of maintenance, repair and operations products, reported sales for the second quarter of 2006 increased 15.6% over the comparable 2005 period.

Sales for the quarter ended June 30, 2006, were $235.4 million. Average organic daily sales growth for the second quarter was 11.8%.

Interline recorded a net loss of $2.865 million compared with profit of $8.5 million last year. As previously disclosed, the company recorded a $20.7 million loss on early extinguishment of debt in connection with the refinancing of its indebtedness on June 23, 2006.

“Our revenue growth in the second quarter was driven by strong organic growth in our two largest customer end markets. Facilities maintenance grew 10% organically, while the professional contractor market grew 14%,” said William Sanford, Chief Operating Officer.

Sales for the six months ended June 30, 2006, were $460.1 million, a 15% increase over sales of $400.2 million in the comparable 2005 period. Average daily sales for the first six months of 2006 increased 15.9%. Average organic daily sales growth for the six months was 11.2%.

Proft was $5.5 million, compared with $9.9 million during the first six months last year.

For more details on Interline’s sales, click here.

Related Links

Interline Acquires American Sanitary for $127.5M

About the Author
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.

By subscribing, you are agreeing to MDM’s Privacy Policy.


articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to
  • 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


articles left

Want more Premium content from MDM?

Subscribe today and get:

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



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
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

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