AD sales up 3% in 3Q
Affiliated Distributors reported sales for all AD members across all seven divisions and three countries, grew by 3% in the third quarter year-to-date to $25.4 billion.
"Strong growth in residential and commercial markets was offset by increased softness within some industrial segments and lower copper prices. However, AD’s scale and efficiency ensures that 100% of supplier rebates are distributed to our members and allows us to invest in people, services and innovative programs to support the business growth and profitability of our Members. For example, The AD eContent Service program is enabling us to take the battle we fight, on behalf of independents, onto the internet,” said Bill Weisberg, AD’s chairman and CEO.
Weisberg continued, "Across seven divisions and three countries; with more than $31 billion in annual sales; nearly 4,000 locations, over 500 independently owned members, and with 55,000 employees there is no entity that rivals AD for commitment to independent distribution."
The organization did not provide results by division.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
