The 2020 Mid-Year Economic Update_long

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 here.


 


Related Stories:


WESCO Reports 18.2% Sales Growth in 2005  

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.

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

0

articles left

This is your last free article

Subscribe to MDM Premium today and 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.