Anixter profit up 72% in fourth quarter

Posted Feb. 2, 2010 at 6:44 a.m.

Tribune staff report | Anixter International Inc.reported its’ fourth-quarter profit rose 72 percent to $12.7 million from the same period a year ago, mostly due to favorable exchange rates and other unusual items that inflated earnings. Sales decreased 17 percent to $1.22 billion.

Anixter’s financial statement: prnewswire.com

 

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