AD Reports Record Sales and Net Distributions for First Three Months of 2023

May 1, 2023

AD is reporting that member sales in the first three months of 2023 reached a new Q1 record of $18.3 billion, an increase of 6% across 14 divisions and three countries.

Purchases by member companies from AD suppliers reached $4.63 billion. Net distributions to members grew 11% in the quarter to $386.3 million.

Same-store member sales increased 12%, led by 19% growth in AD’s U.S. Electrical Division and its Bearings & Power Transmission Division. Same store sales were positive for every AD Division when measured in their own currency.

AD CEO Bill Weisberg commented: “Just like other periods where there’s been elevated consolidation activity, independents flourish. Plus, we welcomed 16 new independents to the AD community in the quarter, while existing AD members purchased an additional 14 companies.”

Source

Related Articles


Changing Scene

  • EFC Tariff Update – September 2025

    EFC Tariff Update – September 2025

    Electro-Federation Canada (EFC), in collaboration with its Wire & Cable and Transformer Business Sections and with support from Sussex Strategy Group, is actively engaging with the federal government on critical trade issues affecting the electrical industry. These efforts focus on two fronts – 1: Extending import quotas beyond raw materials to include finished goods such as… Read More…

  • EFC Welcomes GS Lighting Group as New CEMRA Member

    EFC Welcomes GS Lighting Group as New CEMRA Member

    GS Lighting Group, a division of Gross Sales Ltd, was founded in 1990 and today is a full-service lighting agency that has built a reputation of providing the integrity of effective lighting design and supply to its clients. GSL brings to market a lighting solution for any project and application, from education, healthcare, commercial, industrial,… Read More…


Peers & Profiles