Canadian Electrical Wholesaler

Feb 3, 2020

CEW AD Financial 400AD is reporting total 2019 member sales across its 12 divisions were $46.3 billion, an increase of 12% from 2018. Purchases by member companies from AD supplier partners landed at $12.1 billion, up 9% from 2018.

AD also reported 2019 same-store sales by North American business unit; all saw increases from 2018:

  • Plumbing, Heating, Cooling and Piping (PHCP) divisions grew by 4%    
  • Industrial and Safety divisions grew same store sales by 3%
  • Electrical divisions grew same store sales by 2%
  • Building Materials grew by 4%

By country, same-store sales of members in the U.S. grew 4%, Canada same-store member sales were up 3% and Mexico same-store sales decreased by 15%.

“Although same store growth was not as robust as previous years, the overall performance of the AD community was strong, with purchase and distribution records set in virtually every AD division and country,” AD’s Chairman and CEO Bill Weisberg said.

Noting the programmatic advantages AD brings to bear, Weisberg noted, “I’m proud of the strategic value our team brings to the table in the form of unique programs and offerings like eCommerce, where we celebrated our 100th member going live and saw a 25% increase in members live with our eContent; private label and redistribution warehouses; and HR and procurement services. What’s more, our member and supplier engagement feedback continues to showcase incredibly strong affinity for and advocacy of AD. The AD community is all in for each other.”

Value of Building Permits - DecemberThe total value of building permits issued by Canadian municipalities increased 7.4% to $8.7 billion in December. Increases were reported in five provinces, led by Ontario (+10.5% to $3.4 billion) and Quebec (+15.8% to $2.2 billion). For 2019 overall, municipalities issued $102.4 billion worth of permits, up 2.6% compared with 2018.

Value of residential permits up

The total value of permits for multi-family dwellings was up 15.9% to $2.9 billion in December, mostly due to large projects in the census metropolitan areas (CMAs) of Montreal and Vancouver.

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Sean BernardBy Blake Marchand

Sean Bernard is the Intelligent Controls Manager, Canada for Ideal Industries. Sean resides in Whitby with his wife, Melissa and their daughter, Everleigh.

Sean joined Ideal Industries mid-2019 after 13-years in lighting, working for companies like Phillips, Franklin Empire, and Standard Products. Throughout that time, he made his way from inside sales, to outside sales and up into management.

 

 

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