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The global economic downturn, the United States fasteners demand contrarian rise

Release time:2019-09-09 15:02:14

At present the European economy is continuing uncertainty, the Asian economy began to slow, but many fasteners enterprise in North America business but appeared different degree of growth, has become a global economic downturn background a major bright spot.
Here are a few overseas big fastener company in the first half of 2012 sales and profit situation, they in North America in business are achieved a certain degree of growth.
In the first half of 2012, Bossard group sales for 251 million Swiss francs, reduced by 0.4% year-on-year, but the sales in the United States there is 13.2% of the growth in the second quarter, but also realized a 22% growth. In contrast, in the first half of 2012, Denmark and sales fell 5%, Asia sales fell by 5.5%. "With the United States sales compared to double-digit growth, Denmark and Asian customers demand and PMI as are declined."
Bossard expected the second half of 2012 global demand still remains weak. For the challenging market environment, Bossard will continue to carry out the "designated market and product development" strategy.
Grainger company in the United States in the first half of 2012 the sales realized a 8.8% growth, in Canada also realized a 9% growth. Grainger company in overseas organic growth was 21%, mainly because of the Japanese earthquake on recovery.
In the first half of 2012 Grainger company sales reached 4.4 billion us dollars, up by 14%, and net income increased 15% year-on-year to us $378 million.
In the first half of the Anixter OEM supply business (including fasteners) in the United States OuDeYing accept also increased by 5%, 5.1% growth in Europe, in emerging markets (Asia Pacific and Latin America) is some 30.6% rise considerably.
In the first half of the company overall sales increased 2% year-on-year to us $3.1 billion, operating income increased 4% year-on-year to us $177 million, net income increased 12% year-on-year to us $99.6 million.
WuErTe group also said the company in Germany in the first half of the sales to 4.5%, but a small increase in North America area but there was a sharp increase of 22.9%, higher than the average level, to $589 million. The company in South America sales rose 7.6%.
WuErTe group sales in the first half of 6.13 billion us dollars, up by 5.2%, the operating income increased 11.4% year-on-year to us $251 million.
The second quarter of 2012, ITW revenue growth of 2.3%, with North America in organic revenue growth of 5.3%, the global organic revenue decreased by 0.8%. Denmark and organic revenue fell 1.7%. The asia-pacific region organic revenue has not met the company's anticipated, rose by only 1.8%. The organic revenue in China appeared 0.5% decline slightly.
In the first half of the company revenue increased 3.5% year-on-year to us $9.2 billion, including operating income increased 7.7% year-on-year to us $1.47 billion.
 

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