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NewsPlumbingHeating & CoolingIndustrial PVF

AD continues record-setting sales

Group reports 34% increase in first nine months of 2021.

AD financial results October 2021
November 1, 2021

AD is reporting member sales in the first nine months of 2021 were $44 billion, an increase of 34% across its 13 divisions and three countries. Same-store sales were up 19%. Member companies’ purchases from AD supplier partners grew 31%. Net distributions to its members were up 41%.

AD’s Chairman and CEO Bill Weisberg underscored that these performance measures are a powerful illustration of the commitment the group’s members and supplier partners have to each other’s success and mutual growth.

Despite remarkable results, Weisberg assures members that the AD team is not resting on its laurels. “Every single day, we’re out there advocating for our members, negotiating for the best programs and imagining new programs and services to bring value to their businesses,” Weisberg said. “Just like our determined, purpose-driven independent members, we’re not about to let up now. We’ve got more mountains to climb.”

KEYWORDS: Affiliated Distributors buying group PHCP Distributors PHCP-PVF distributors

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