Cables and associated items distributor Anixter has reported a slight sales increase to $1.52bn for Q1, it says. Despite the negative weather impact in the months of January and February and excluding the impact of copper pricing and foreign exchange, organic sales increased by 3.8%:
Cables and associated items distributor Anixter has reported a slight sales increase to $1.52bn for Q1, it says. Despite the negative weather impact in the months of January and February and excluding the impact of copper pricing and foreign exchange, organic sales increased by 3.8%:
The main networking related business, Enterprise Cabling and Security Solutions (ECS) saw sales of $760.1m compared to $745.1m in the prior year period. The 2.0 percent increase was driven by strong growth in the European and Emerging Markets geographies of 17.3% and 16.3%, respectively, combined with solid improvement in the core US enterprise cabling business. Security sales, which represent approximately 26% of total segment sales, increased slightly in the quarter.