10
Aug

Rexel, Sonepar and many national and international electrical wholesalers...

Rexel, Sonepar and many national and international electrical wholesalers ensure the supply of urgently needed goods to electrical contractors day after day.

Do you know the most important electrical wholesalers/wholesale associations in Europe - and what is even more important, do you supply them?

Here we have the solution for you! Our surveys now cover 25 European countries. We have listed 2,382 electrical wholesalers with a total of 10,546 branches. It is not without reason that we have been active in this segment for over 20 years and are market leaders in the field of electrical wholesale studies.

When you order the European survey by 15 September, you will benefit from a 15% discount, i.e. instead of EUR 2,755 you will only pay EUR 2,340 for the complete European survey.

However, if you concentrate your marketing focus only on certain country regions (Central Europe, Southern/Western Europe, Eastern Europe or Scandinavia), then you pay only 950 EUR per version instead of 1,120 EUR.

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07
Aug

In November 2015 Fagerhult acquired 100% of the lighting manufacturer Lighting Innovations...

In November 2015 Fagerhult acquired 100% of the lighting manufacturer Lighting Innovations, which was founded by Bruce Waddell in 1989. Lighting Innovations Africa (now the new name) is one of the most important domestic manufacturers of lighting solutions; however, in the past the market has not developed as expected, so Fagerhult has now decided to invest its money in more lucrative markets. The process will be completed by the end of the year.

Turnover in South Africa last year was 161 m South African Rand (ZAR); this corresponds to EUR 7.78 m.   

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04
Aug

Already on July 1, 2020, Axel Kaiser, was hired at Theben...

Already on July 1, 2020, Axel Kaiser, was hired at Theben as the new sales manager for Germany.

The team will be strengthened by Rainer Uez, who will work more closely with the wholesale associations and corporations in the future. Michael Mayer will be responsible for the contract business and Günter Schatz for the Southern / Eastern region and Arn Eberlein for the West will complete the sales team at Theben.

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04
Aug

Legrand was also unable to break away from the general trend....

Legrand was also unable to break away from the general trend; here too, there was a 12.2% fall in turnover between January and June 2020. Sales were EUR 2,832.6 m compared with EUR 3,226.8 m.

Net profit amounted to EUR 285.7 m, a minus of 31.2%.

Broken down by region, the decline was 11.2% in America, 16.7% in Europe and 19.9% in the rest of the world.

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01
Aug

Eaton suffered a 30% loss in Q2 2020 compared to the previous year....

Eaton suffered a 30% loss in Q2 2020 compared to the previous year. Revenue was USD 3. 9 m (EUR 3.3 m). As always, the electrical departments (Electrical Americas and Electrical Global) were the largest with a share of 67%; although there were heavy losses here, too.

Net income was USD 54 m (EUR 46 m); here a dramatic loss of 91.5%.

The sale of the lighting division, which was made on March 2nd to Signify for USD 1.4 bn (EUR 1.3 bn), came just to the right time.

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31
Jul

Revenue was USD 7.2 bn (EUR 6.1 bn);....

Revenue was USD 7.2 bn (EUR 6.1 bn); this is a decrease of 12.2% compared to the previous year.

Net income increased 14.5% from USD 1,127 m (EUR 956 m) to USD 1,290 m (EUR 1,095 m).

Geographically, sales decreased by 8.5% in the Asia-Pacific-Area, by 12.7% in America and by 16.4% in the EMEA region (Europe, Middle East, Africa).

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28
Jul

Rexel had sales of EUR 6,045.6 m in the first half of 2020...

Rexel had sales of EUR 6,045.6 m in the first half of 2020; which corresponds to a decrease of 11.1%. It is worth mentioning that the group's digital sales accounted for 21%, representing 31% of sales in Europe.

The net loss in the first half of the year was EUR 439.8 m.

The distribution of sales was as follows: Europe 54%, North America 36%, Asia / Pacific 10%.

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Revenue for the third quarter of fiscal 2020 was USD 1,394 m (EUR 1,188.5 m)...

Revenue for the third quarter of fiscal 2020 was USD 1,394 m (EUR 1,188.5 m), a decrease of 16.3% from USD 1,665.1 m (EUR 1,419.6 m) in the 3rd quarter of last year.

Architecture & software

Quarterly sales were USD 621.4 m (EUR 529.8 m), a decrease of 16.9% from USD 747.9 m (EUR 529.8 m) in the same period last year.

Control Products & Solutions

Quarterly sales in this segment were USD 772.6 m (EUR 658.7 m), a decrease of 15.8% from USD 917.2 m (EUR 782 m) in the same period last year.


Net income was USD 317.8 m (EUR 271 m) compared to USD 261.4 m (EUR 222.9 m) last year, an increase of 21.6%.

With thousands of employees continuing to work in very difficult conditions, including the temporary wage cuts that were made in May to adjust costs to current business conditions, Rockwell now intends to reverse them by the end of December. In addition, one would like to make a recognition payment to production employees worldwide.

New operational segments

From the next fiscal year, Rockwell Automation will work with three operating segments (Intelligent Devices, Software & Control and Lifecycle Services). These new segments are intended to simplify the structure in order to better compete with its growing importance of digitization.

The Intelligent Devices segment is headed by Fran Wlodarczyk.

The Software and Control segment is temporarily headed by Chris Nardecchia. A final manager of this position is currently being sought.

The Lifecycle Services segment is managed by Frank Kulaszewicz.

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