Electrocomponents Group has continued its progress under CEO Lindsley Ruth’s stewardship posting sparkling full-year figures and snapping up IESA, a UK-based provider of value-added outsourcing services to industrial customers for £88 million.
Strong growth in Central Europe and Asia Pacific has propelled Electrocomponents to14% revenue growth in the first four months of its financial year to the end of January. All regions performed well. Asia Pacific’s 22% revenue growth led the charge followed by a 17% uptick for Central Europe.
Electrocomponents has topped £1 billion of annual digital revenues, a milestone which says the company endorses its policy of continuous investment in digital innovation. In recent years the…
The surge in Electrocomponents fortunes has continued into the second quarter. The distributor reported revenue growth of 13% in the first half of its financial year to September…
Top gun: CEO of the Year Lindsley Ruth
Accelerating into 2017: Electrocomponents CEO Lindsley Ruth
Delkvering the goods: Electrocomponents CEO Lindsley Ruth
Electrocomponents CEO Lindsley Ruth
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…