by Mike Hockett
Switzerland-based Bossard — No. 26 on Industrial Distribution’s Big 50 List — reported its 2016 full year fiscal results on Wednesday, highlighted by considerable growth in its U.S. business.The company posted 2016 total sales of $685.5 million, a company record and up 5.9 percent from 2015. Total profit of $61.5 million jumped 14.6 percent, while operating profit of $77.4 million rose 11.6 percent.
A Positive Growth Mindset for Distributors
In the U.S. — where Bossard did 27 percent of its business — 2016 sales of $183.6 million increased 12 percent (+9.3 percent in local currency) over 2015. (…)
