Affiliated Distributors’ sales grow by 5% in 2Q
Affiliated Distributors reported another quarter of sales growth across all its divisions and 5% – or $14 billion – for the first half of 2013.
Its PHCP Division sales grew 4% in the first half and by $4.27 billion on a same-store basis. The group reports it continues to grow in part because of its multi-industry, multi-market structure.
“AD’s PHCP affiliates continue to build on a steady path to growth, success and prosperity with a consecutive year-over-year four percent growth,” said Jeffrey Beall, president of AD’s PHCP Division.
AD members hired nearly 3,000 new employees and opened 105 locations in just the last three months.