HD Supply exceeds expectations
HD Supply from Atlanta, one of the largest industrial wholesalers in North America achieved a turnover of USD 1,370 m (EUR 1,160 m) in the 3rd quarter 2017, with net profits rising to USD 452 m (EUR 384 m).
Reckoned over the 9 months, turnover amounts to USD 3,938 m (EUR 3,341 m) and net profits to USD 979 m (+ 580% !!! This extraordinary leap in profits is due to the sale of the water, sewage and firefighting equipment to Clayton, Dubilier & Rice).
For the full year 2017 a further increase in turnover and profits is expected.