Archive | Electrocomponents

Revenues, Profits Rocket At Electrocomponents

Delkvering the goods: Electrocomponents CEO Lindsley Ruth

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Electrocomponents Sustains Sales Progress

Electrocomponents CEO Lindsley Ruth

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Culver Joins RS Components As President

Marianne Culver

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Electrocomponents Fast Off The Blocks In Q1

Sales growth and cost cutting has enabled Electrocomponents to make a good start to its new financial year. Sales rose one per cent aided by a three per cent increase in Europe and a fine performance from RS Pro, the company’s own brand division, saw sales accelerate seven per cent. The company is also confident […]

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Ruth Rings Changes At Electrocomponents

Electrocomponents has restructured its RS Components business. It will now operate through two divisions – RS Electronics and RS Industrial. This will enable RS to differentiate its offerings in the electronics and MRO markets. Chris Page has been named as President of RS Electronics. He was previously Global Offer Director. Klaus Goldenbot, who was previously […]

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New Electrocomponents Boss Inherits Profits Dip

About the only bright spot in Electrocomponents full year results was a four per cent uptick in sales in the first seven weeks of the new financial year, though even that is tempered by a two per cent decline in the UK. International business is up six per cent helped an impressive 11 per cent […]

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Future’s Ruth Named As New CEO At Electrocomponents

Electrocomponents has a new Chief Executive.The distribution group has named former Future Electronics Executive Vice President Lindsley Ruth to replace Ian Mason who announced he was stepping down in November last year. Ruth who has worked for Future since 2002, has been a key member of the core leadership team which has transformed the organisation’s […]

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Sales Up, Profits Slump At Electrocomponents

Electrocomponents reported underlying sales growth of 3% to £635.4m from £616m in its first half results. International sales grew 5%. North America sales led the way posting a 10% sales increase. Asia Pacific sales were up 5%, and Europe reported a 2% sales increase. UK sales declined 2%. International sales driven by 10% growth in […]

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Electrocomponents Boss Mason Announces Departure

Ian Mason is leaving Electrocomponents after 13 years as Chief Executive Officer of the distribution group. Company chairman Peter Johnson has already begun the search for Mason’s successor and he is considering internal and external candidates. Insiders suggest that the company would like to have an appointment made early in the New Year. Two years […]

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Sluggish UK, France Sales Slow Electrocomponents Progress

Electrocomponents says action has already been taken to reverse a first quarter sales slump in the UK. In an interim statement covering the period to June 30, the distributor revealed sales in France had also fallen and gross margins were 0.8% weaker than the same period last year. Underlying sales growth in the first quarter […]

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