Net profits for electrical distributor profitability climbed more than a full percentage point in 2004, according to the Electrical Manufacturers’ Credit Bureau (EMCB), Temecula, Calif. Net profits (before taxes) in the EMCB study averaged 3.56 percent in 2004, up from 2.41 percent in 2003. That’s the highest net profit margin reported by the EMCB study in the last 10 years. Gross profit also increased. The 20.93 percent gross profit figure in the EMCB study was the second time gross ...
Subscribe for access to premium content on electricalmarketing.com
Electrical Marketing is the electrical industry’s best source for breaking news and the inside scoop on new market opportunities, industry execs on the move, market analysis and other news you need to run your business. In minutes, you can subscribe to our premium content online.
Upon registration, a user name and password will be emailed to you.