Anixter International reported sales in its OEM Supply segment, including Anixter Fasteners, increased 23.6% to a fourth quarter record of $247.6 million, “reflecting the continued ramp up of a contract in Europe and improvement in North America heavy truck production levels.”
Excluding the $2.2 million favorable impact from foreign exchange, organic sales increased by 22.5%. On a sequential basis, sales increased by 10.2 percent driven primarily by strength in Europe. (…)
via Anixter Fastener Segment Sales See Dramatic Improvement.