Anixter International Inc. Reports Second Quarter Net Income From Continuing Operations Of… — GLENVIEW, Ill., July 24, 2012 /PRNewswire/ —

Article by · 2012/07/24 ·

GLENVIEW, Ill., July 24, 2012 /PRNewswire/ — Anixter International Inc. (NYSE: AXE), a leading global distributor of communication and security products, electrical and electronic wire & cable, fasteners and other small parts, today reported results for the second quarter ended June 29, 2012.
Sales increased 4 percent organically on 1 percent reported growth
Returned over $150 million to shareholders through a special dividend of $4.50 per common share while generating $124 million of cash from operations
Acquired Peruvian Wire & Cable distributor, Jorvex S.A., expanding geographic reach in the Emerging Markets (…)

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