Just bought, dividend is attractive, and still space to grow!
31 Mar '14
Electrocomponents plc, the world's leading high service distributor of electronics and maintenance products, has today issued its interim management statement for the period from 1 October 2013 to 31 January 2014. For the four months to 31 January 2014 Group underlying sales growth(1) was around 2%. International sales grew by 4% and UK sales declined by around 2%. UK sales excluding Raspberry Pi (2) grew by 1%. Within International, Continental Europe grew by 5%, North America grew by 3% and Asia Pacific grew by 2%. Sales growth in North America was significantly impacted by adverse weather conditions during December and January. eCommerce sales continue to grow faster than the Group as a whole, benefitting from our investments in website functionality. eCommerce sales growth was around 5%, resulting in eCommerce comprising around 59% of Group sales during the period. There have been no significant changes to the Group's strong financial position during the period
31 Mar '14
results will be impated by US weather as said in Febuary
31 Mar '14
http://www.thisismoney.co.uk/money/investing/article-2592373/MIDAS-SHARE-TIPS-Get-switched-electric-firm.html?ito=feeds-newsxml Here's the link to the article. I'm surprised the sp hasn't risen more than it has so far today. Results out on Thursday so maybe investors are waiting for that.
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