By Renée Francoeur
November 1, 2016 – Sales for Affiliated Distributors (AD) Canada was up 6% in Q3 this year, AD reports.
Sales for all AD members, across all seven divisions and three countries also grew by 6.3% in Q3 year to date to $26.1 billion. This growth includes ongoing members, new members and losses due to consolidation, AD notes, and on a same store basis, the AD member sales grew 1%.
By industry, Electrical and HVAC was flat and Industrial and Power Transmission was down 5%.
“There’s a saying that comes to mind for macro-economic conditions like these, ‘one of the better responses to scarcity is not to slice the pie thinner, rather it’s to figure out how to make more pies’” said Bill Weisberg, AD’s chairman and CEO about the results. “AD is blessed to work with many of the most collaborative and creative independents and suppliers in this industry.”
Across all divisions and countries, member purchases from AD suppliers grew 7% and net distributions to AD members grew 12%.