Sonepar reports global sales of $35.2 billion
Sonepar, a global B-to-B distributor of electrical equipment, solutions, and services announced it achieved sales of $35.2 billion for the year ended December 31, 2024.
Sonepar acquired 17 new companies in 2024 representing combined sales of $2.4 billion, of which 90% are in North America. The group is today, in its core business, the leader on the American continent with sales of $17.1 billion spanning eight countries.
Sonepar achieved $11.9 billion digital sales in 2024 leveraging its omnichannel digital platform, Spark, which saw a revenue increase of 30%. As part of its supply chain modernization program, Sonepar completed 10 new automated distribution centers around the world.
In 2024, the group was awarded a Gold rating in sustainability by EcoVadis, placing it in the top 5% of rated companies.
Sonepar’s associate satisfaction survey revealed a strong 82% engagement rate, and it ranked in the Financial Times’ “Leaders of Diversity” list for the second year running. Sonepar stated it aims to build an inclusive and performing organization leveraging all differences as strengths.
Sonepar also received the Purpose Trophy, awarded by The Why Project, which recognizes the commitment of companies and their leaders to a purpose that aligns with contemporary societal and environmental goals.
“The Group achieved solid financial results despite a highly uncertain geopolitical situation, supported by excellent performance in the Americas," said President and CEO Philippe Delpech. "Our teams worldwide have shown exceptional adaptability, delivering remarkable strategic and operational results. We continue to drive impactful transformation to accelerate our global leadership in B-to-B electrical distribution, all united by our unique Purpose.”
2024 Sonepar Group Key Figures
- $35.2 billion sales
- $11.9 billion online sales
- 40 countries
- 46,000 associates
- 82% associate engagement rate
- 90 brands
- 190 distribution centers
- 2,400 branches
INDUSTRIAL SUPPLY MAGAZINE
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