The overall average year-over-year gain for EC&M’s Top 50 electrical contractors measured 26.7 percent for a total of $12.4 billion in sales for electrical and datacom services in 2006 — well over last year’s $7.3 billion record. More than two-thirds of the firms described the 2006 business climate as “strong.”

Only four of the Top 50 firms missed their sales goals in 2006: three by 5 percent or less and one by 6 percent to 10 percent. More than one-third of the firms exceeded their sales goals by more than 10 percent. Even more astounding were the net profit numbers. Out of the 26 firms that reported that figure, eight firms claimed a net profit of more than 5 percent, with three in that group reporting a net profit of more than 9 percent. The net profit in 2006 averaged 5.4 percent, with the lowest at 1 percent and the highest at a whopping 15 percent.

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Thank-you from the staff of Electrical Marketing.