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Anixter International Inc. reports second quarter sales of US$1.51 billion

Anixter International Inc. today reported results for the quarter ended June 29. Sales of US$1.51 billion, includin...


July 24, 2007  


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Anixter International Inc. today reported results for the quarter ended June 29. Sales of US$1.51 billion, including US$39.7 million coming from a series of acquisitions completed over the past year, rose 22% compared to sales of US$1.24 billion in the same quarter one year ago.

Quarterly operating income of US$116.1 million reflected a 28% increase from the US$91 million reported in the second quarter of 2006.

Net income in the quarter increased 31% to US$64.6 million or US$1.53 per diluted share.