Motley Fool5 Oct 2015 21:26
Another blue-chip bargain is Electrocomponents (LSE: ECM). The engineering products distributor today released a slightly disappointing update which shows that the performance of its business has been mixed in recent weeks. While Continental Europe has posted revenue growth in the double-digits, its operations in North America have been somewhat subdued. As such, its revenue growth for the first half of the year is just 4%, with it falling from 5% in the first quarter of the year to 3% in the second quarter.
- fools.co.uk